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Old 11-08-2012, 06:51 PM
 
Location: New Jersey
2,715 posts, read 9,133,812 times
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I just don't understand the markets. Obama said he is willing to compromise will the Republicans?
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Old 11-08-2012, 06:56 PM
 
1,644 posts, read 1,977,400 times
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Trolling, trolling, trolling down the river
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Old 11-08-2012, 07:13 PM
 
Location: New Jersey
2,715 posts, read 9,133,812 times
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Quote:
Originally Posted by GoodSchoolols View Post
Trolling, trolling, trolling down the river
Moderator please delete this idiot's reply.
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Old 11-08-2012, 07:13 PM
 
Location: Texas
5,774 posts, read 6,662,543 times
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Bad news from Europe. Bad bets by major banks and funds that Romney would win, thus repealing Dodd-Frank and dismantling the Consumer Financial Protection Bureau. The realization by the "market" that regulation is upon them, that their freewheeling ways of getting what they want and free reign is at an end.

That's why the market is down.
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Old 11-08-2012, 07:15 PM
 
Location: North Beach, MD on the Chesapeake
32,161 posts, read 39,263,926 times
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Uncertainty about regulation and tax policy down the road.
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Old 11-08-2012, 07:18 PM
 
Location: Great State of Texas
86,093 posts, read 69,949,006 times
Reputation: 27520
The only answer to the fiscal cliff is cuts and taxes.
Greece is looking for a 3rd bailout as their debts grow and more austerity is heaped on the people.
The ECB is getting antsy about backing up all those loans.
Germany has been told to stop backing loans to failed countries.

DEBT is knocking at the door all over the world.
And no one wants to answer.
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Old 11-08-2012, 07:20 PM
 
Location: Capital Hill
1,602 posts, read 2,634,551 times
Reputation: 839
Quote:
Originally Posted by johnfrisco View Post
I just don't understand the markets. Obama said he is willing to compromise will the Republicans?
That's strange, I haven't heard at anytime Comrade O'bummer was willing to compromise with Republicans, -so, I guess that's why the stock market is crashing.
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Old 11-08-2012, 07:20 PM
 
Location: Summerville, SC
3,383 posts, read 6,850,056 times
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Pretty much all of the above...

Also the lack of the Fiscal Cliff not being addressed by the administration for the last year or so.
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Old 11-08-2012, 07:37 PM
 
596 posts, read 1,082,554 times
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Quote:
Originally Posted by MustangEater82 View Post
Pretty much all of the above...

Also the lack of the Fiscal Cliff not being addressed by the administration for the last year or so.
Yup....all the above with a little twist of Lizzy Warren thrown in just to make the bankers pucker a bit.
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Old 11-08-2012, 08:50 PM
 
Location: Texas
5,774 posts, read 6,662,543 times
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Quote:
Originally Posted by Vinylly View Post
That's strange, I haven't heard at anytime Comrade O'bummer was willing to compromise with Republicans, -so, I guess that's why the stock market is crashing.
He has compromised the last 4 years with Republican's. Over many things. I personally think it's time to STOP compromising.

http://www.nytimes.com/2009/01/28/us...bama.html?_r=0

Obama: Public will force Republicans to compromise – CNN Political Ticker - CNN.com Blogs

Obama Invites GOP Leaders to White House; McConnell Remains Defiant | Fox News

Obama offers compromises to get health care bill passed | McClatchy

Just for a few.
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