Democratic Party, the party of fiscal responsibility

dahm son, I've seen the light. You've convinced me.
Now I won't have to go look stuff up. Like I'd waste my time on you anyway.

BTW DO stop by some time at a home game if you see a large JSRacing enclosed trailer. We'll be partying. I wanna say hi and buy you a beer. Just to show you how ignorant I really am. :thumb:

cool You showing me how to spell. Pot meet kettle. can we say hypocrite?

rep points for you.


Crawfish watch him whine. LOL

 

That's what I'm talking about SaltMan. I am 56 years old and have not been unemployed for so much as one day since I gradjeeated high school. I have worked some sh!t jobs and I have paid my dues and never asked for or wanted crap from the gub'ment. The ones who complain about the economy are usually doing it while they should be out looking for a damn job.

 

My investments are not doing crap right now, either...but...that's just the way it is with the economy. To blame the current state of the economy on the sitting President is ludicrous. It's cyclical. Always has been and always will be. It will get better, even if Hill the Lez is in the White House.

 

Red you didn't read my post.

Clinton had little to do with the economy in the 90's. The economy isn't run by the president. He was lucky. If Gore would have won the economy would be in the same shape...only taxes would be higher.

Our Gov wasn't set up this way. Frankly, I am suprised at you for buying into this. I expect this from someone like Chaos, buy you know how the business world works.

Large financial institutions buy large blocks of Stock in corporations and then stack them with their picked board of directors, who demand the CEO extract a net return that is unreasonable. They ignore the product and go straight for the stock price. However they can bolster this, by whatever means. Hence the inflated, over-estimated stock prices of the 90's. Everyone was riding high on overpriced stocks. We as small investors reaped some of those benifits. large banking blocks REALLY reaped those benifits. Anytime you can borrow money from investors and re-invest it and make 14% off their money do it. As long as you don't mind lying or creative book keeping. Again the product or employee didnt matter, just the Return on net.

Then came Enron and 9-11. time for the Reality check. The system can only take so much false overstating.

In the long run it will be good. Over priced stocks are lies about profits that aren't there. Book keepers lying about the condition of a company. The big Oil and gas companies were wining and dining the very people who were supposedly auditing them.

This message is not just for RED.

Quit blaming all your financial mis -decisions on the President. Getting Rich and even making a decent living are still done the old fashioned way. hard work. The stock prices normalizing themselves proves that. Even Wall street found the false profit eventually. Short cuts can make people rich for a season, but when that season is over, it's time to pay the fiddler. There is alot of money to be made in stocks, for ordinary people, but the chance to lose is also great...............Now Imagine the lure if you can control large blocks of stock with investors money. No money of your own, but the ability to skim some off? And you can overstate the value of those same stock prices? Kind of like givving yourself a raise..... It''s similar to smuggling cocaine, same scenario only legal, well the mis-stating company profits isnt but making moeny off other's investments isn't.

The real travesty is that there are no rules of conduct it would seem for big business. The SEC is slow to react and has only recently been given some bite.
Thus the saying those who control the bank make the rules.
that would be the only thing I'd blame the administration for. but I'd divide that up to the rest of the bunch to, the legislature should bare part of this blame. Oh but there is the catch, most of them already knew and were able to avoid the pit falls of a stock market adjustment. 9-11 may have caught them off guard, but I can assure you they are on the inside and minimize their loses.

good day

 

Hell, I voted for John Kerry......

What does that tell you about my confidence in George Bush Jr.?

I wish W would spend every dime on finding OBL. I could give a flying **** about Iraq......

 

That you are a terrorist?

 

when you buy a house, you generally borrow more than your entire annual income. is the US even close to that in debt? that is, is our debt more than the annual revenue? if not, why worry about it. if you made 200 grand a year, would you be scared to buy a house for 150 grand? of course not.

isnt the interest on the debt around 6%? wouldnt most people love to borrow enormous amounts of money at 6%? i would happily borrow 30 billion at 6%. wouldnt you? cant you make more than that easily, and profit by doing nothing but being in debt and investing? the way i see it, you would have to be a fool to not borrow as much as possible at that rate. the US can get great rates because we are about as trustworthy and good for the money as anything ever. we should take advantage of that.

debt isnt always bad. it only is if you put in extraordinarly simplistic terms.

 

yes but Martin some people don't seem to see that. No deficit with a Pansy ass military = no country. word thats over the fence.

I'd rather owe the bank and have a well protected country than be in the black but have nothing for our country's security. Clinto and his crew's military was no existant. You never heard the air force fly over, now it's daily. Borrow whatever you want mr. Bush. :thumb: