The stock markets aren't happy with the election results.

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julius said:
you mean there are people who are upset that their way didn't win and actually think they'll be financially better off if they take their ball home and cry like a baby.
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It's not a matter of crying so much as it's a matter of consumer/investor confidence. Huge, huge difference.
 
ABM said:
It's not a matter of crying so much as it's a matter of consumer/investor confidence. Huge, huge difference.
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no, it's crying. It's the same shit with the whole "skewed polls" crap, or the "traditional America" bullshit.

People who are using this as an excuse to fire people, or using "Obamacare" (which hasn't even been enacted yet) as an excuse to fire people, are just wanting to come up with any excuse to fire people.

It's the same shit every time.
 
I think the Wall St. cats don't see a compromise on the horizon to deal with the fiscal cliff. It may not be so much about Obama but about Harry Reid claiming a mandate to raise taxes - and we know that's not going to happen without the republicans fighting with everything they have.
 
This all goes back to the TARP which was a Bush program. They should have let the big banks fail....they've created such a bigger mess now.
 
julius said:
you mean there are people who are upset that their way didn't win and actually think they'll be financially better off if they take their ball home and cry like a baby.
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Are you going to offer more than just the "We Won" bullshit that the current President has made popular?

I hope you're living in a shack within a year.
 
julius said:
no, it's crying. It's the same shit with the whole "skewed polls" crap, or the "traditional America" bullshit.

People who are using this as an excuse to fire people, or using "Obamacare" (which hasn't even been enacted yet) as an excuse to fire people, are just wanting to come up with any excuse to fire people.

It's the same shit every time.
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This.

:lol:
 
EL PRESIDENTE said:
This all goes back to the TARP which was a Bush program. They should have let the big banks fail....they've created such a bigger mess now.
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Yep.


Bush and Obama both supported TARP, and Obama even took more money from the program instead of asking for it to repaid after he became President.

Two liberals.
 
Denny Crane said:
I think the Wall St. cats don't see a compromise on the horizon to deal with the fiscal cliff. It may not be so much about Obama but about Harry Reid claiming a mandate to raise taxes - and we know that's not going to happen without the republicans fighting with everything they have.
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they'll just have a few delay tactics and a makeshift solution with 1 minute on the clock. people will cheer, but then they have to deal with it again in 6 months. Stagflation baby.
 
PapaG said:
I hate to break it to you myopians, but things are going to have to crash. We can't keep pumping printed money into the economy and pretend that inflation is not going to happen.

I realize that the election was about Big Bird and Binders, and about how Romney is evil at Bain Capital, but there were very real issues that needed to be addressed, and I hope Obama actually means it when he says he's going to address the massive debts and deficits that he has played a large role in accumulating.

I doubt it, though. The endgame is to have the government control our economy, and as we see in Greece and Italy, that's a stupid approach.

We have a moocher majority at this point. That's reality. I actually hope the GOP does agree to raise taxes on everybody, just so the crash can come sooner. The Bush cuts for everybody expire on 1/1/13, and I think that everybody deserves to have their taxes raised. A family making $50k is going to be hit for an additional $3k/year in federal taxes.

Bring it on, and let's let people living over their means feel the pain.
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you do realize that we're no where near Greece or Italy, right?

And you do realize how rich it is (no pun intended) for you to say it's not about XYZ, when you're then in the same sentence saying similarly outlandish things about Obamas presidency, right?

As for the Bush tax cuts, they need to expire. They were not a good idea, especially since they were supposed to be a short term deal AND it could've helped pay for the wars.

but whatever. Blazer game is on and I'm hoping we kick the fuck out the Clippers
 
EL PRESIDENTE said:
they'll just have a few delay tactics and a makeshift solution with 1 minute on the clock. people will cheer, but then they have to deal with it again in 6 months. Stagflation baby.
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The question is whether or not Obama can continue to punt for four more years. Layoffs are already occurring at the corporate level.

Can we actually address the real issues at this point?
 
julius said:
you do realize that we're no where near Greece or Italy, right?

And you do realize how rich it is (no pun intended) for you to say it's not about XYZ, when you're then in the same sentence saying similarly outlandish things about Obamas presidency, right?

As for the Bush tax cuts, they need to expire. They were not a good idea, especially since they were supposed to be a short term deal AND it could've helped pay for the wars.

but whatever. Blazer game is on and I'm hoping we kick the fuck out the Clippers
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there is no housing bubble! We're doing fine! :MARIS61:
 
PapaG said:
Are you going to offer more than just the "We Won" bullshit that the current President has made popular?

I hope you're living in a shack within a year.
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good for the goose, good for the gander.

It's a tough pill for you to swallow that you were in the minority of Americans. History and society is passing you buy.
 
julius said:
you do realize that we're no where near Greece or Italy, right?

And you do realize how rich it is (no pun intended) for you to say it's not about XYZ, when you're then in the same sentence saying similarly outlandish things about Obamas presidency, right?

As for the Bush tax cuts, they need to expire. They were not a good idea, especially since they were supposed to be a short term deal AND it could've helped pay for the wars.

but whatever. Blazer game is on and I'm hoping we kick the fuck out the Clippers
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The Bush tax cuts will impact more than just the 1%. Since you didn't care to educate yourself on the issues, I feel you deserve to suffer, based on your posts in this and other threads since the election.

Because we're all going to suffer. Hope you prepared well. Obama doesn't have to cater to any voters in term 2.
 
julius said:
good for the goose, good for the gander.

It's a tough pill for you to swallow that you were in the minority of Americans. History and society is passing you buy.
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The minority has grown since 2008. Obama had millions of votes less in 2012 than he had in 2008.
 
"The Wars" are less than 15% of the debt that Obama has piled up in 4 years.

Will we finally get a budget passed? Romney was a fucking moron for not hammering Obama on his failed efforts to pass a budget.
 
julius, I was unfair to you in this thread.

I hope you don't live in a shack. I hope you and your family are fine, and that you're set up to ride out the upcoming shitstorm

I'm sick of this parisan bullshit, and I apologize.
 
PapaG said:
"The Wars" are less than 15% of the debt that Obama has piled up in 4 years.

Will we finally get a budget passed? Romney was a fucking moron for not hammering Obama on his failed efforts to pass a budget.
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I take that back. "The Wars" are less than 8% of the debt over the last 4 years.
 
EL PRESIDENTE said:
I live in a shack.
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So does Obama's brother. :MARIS61:

obama-brother.jpg
 
julius said:
Oh for the love of god, are you guys going to keep this tin foil hat shit up for the next 4 years?
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What are you bitching about? Is the stock market up the last two days in your fantasy land?
 
A few of us aren't even trying to make it that partisan. Its just a simple analysis of the state of the economy. Alot of it is getting "poo-poo'd" and turned into "you lost, go kick rocks" kind of attitude.

Believe what you want to believe. No one can still show any semblance of a real recovery. Numbers are manipulated. Debt is out of control. Interest rates are at historical lows for how many years now with little gain in the housing market?

The worst part of not paying attention to this all is a false sense of security. Bubbles are inflating again.
 
julius said:
you mean there are people who are upset that their way didn't win and actually think they'll be financially better off if they take their ball home and cry like a baby.
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Seriously, what's with the trolling? Do you understand how business views the policies of the Obama Administration? Why do you think they've been sitting on so much cash? They've been fearing the additional taxes his re-election would bring. Now it's come to pass and the taxes will be a reality. Those increased taxes drives down the values of the companies, thereby devaluing their stock price.
 
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PapaG said:
Yep.


Bush and Obama both supported TARP, and Obama even took more money from the program instead of asking for it to repaid after he became President.

Two liberals.
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http://online.wsj.com/article/SB10001424052748704261504576205142438418336.html

Through the repayments announced Wednesday, as well as dividends and interest, taxpayers have recovered about $244 billion of the $245 billion in TARP funds disbursed to banks, the Treasury said. The Treasury currently estimates that bank programs within TARP will ultimately provide a lifetime profit of nearly $20 billion to taxpayers
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But Obama recklessly spent the $244B repaid, instead of returning it to the treasury.

This is the Bill that spent the money:
http://www.govtrack.us/congress/bills/111/hr2847
 
julius said:
you mean there are people who are upset that their way didn't win and actually think they'll be financially better off if they take their ball home and cry like a baby.
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Haha. For those that are more intelligent than you, what you described is entirely possible with respect to the stock market. Oh right... you're a sucker that was told to buy and hold forever.
 
julius said:
no, it's crying. It's the same shit with the whole "skewed polls" crap, or the "traditional America" bullshit.

People who are using this as an excuse to fire people, or using "Obamacare" (which hasn't even been enacted yet) as an excuse to fire people, are just wanting to come up with any excuse to fire people.

It's the same shit every time.
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You think we who have employees want to fire people? If an employee can be a positive alpha proposition, I'll hire as many as I can. However, it's not the case. We're forecasting declining or flat revenues and concomitant increasing employee costs. What are we supposed to do? Take it in the shorts to help President Obama? That's North Korean thinking.
 
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http://www.zerohedge.com/contribute...ths-big-companies-haven’t-repaid-tarp-funds-…

After 3½ years, the Troubled Asset Relief Program (“TARP”) continues to be an active and significant part of the Government’s response to the financial crisis. It is a widely held misconception that TARP will make a profit. The most recent cost estimate for TARP is a loss of $60 billion. Taxpayers are still owed $118.5 billion (including $14 billion written off or otherwise lost).
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Should have just let it crash. It will soon enough. Hang on tight...
 
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