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Has anybody told balford that just because that there is a small spike in the market, that there's no need for a new thread? Jeez, I just remember earlier this week all kinds of people whining about posting every time the corrupt, speculated market made a move.
Just responding to all the multiple Obamabashing threads that show up on every conceivable topic - no matter how silly or stupid.
Awesome! Now we can stop with the bailouts and stimulus scams.
The bailouts are part of the reason WHY the markets are doing so well. Without those we'd be in a situation that makes the current recession look like prosperity.
The stimulus will help prevent a double dip recession.
Ken
Last edited by LordBalfor; 08-21-2009 at 07:20 PM..
So....first time home buyers are buying affodable houses. Is that a problem?
Mmm, not so sure it's a lot of first time buyers. Here in SE MI houses are going for less than half of what they were going for five years ago. I know a cashier that just purchased a house for $3K. You can get nice three bedroom houses in the Detroit suburbs for $30K all day long. My boss paid a half million for his house about seven years ago. Today it's worth less than $200K. Lots of people here are simply going through the foreclosure process and saving money in the year and a half it takes to get them out to pay cash for another house. If you owe $100K on a house that's worth $40K, how do you stay in that house when eighteen monthly payments is half the going price of a similar house and more than enough to pay for a fixer-upper? This is what happens when the government gets involved with the private sector. Fannie and the CRA started out as worthy undertakings, but the end result is a financial disaster.
Odd that a left winger is bragging about people with money making money on investments.
I thought you left wingers did not like people making money???
I have never saw a poor person invest in the stock market so I wonder what your bragging about on this issue.
Those darn rich people and corporations are making money and you actually like it????
All of a sudden you find a bright shining light under the very bleak picture of Obama and run it to death but you know you still do not like rich people, people who are successful, people who have money to invest and those bad dirty corporations.
Maybe some of those people can gain back the millions they have lost since January now?
Dont smile to long, the rich are getting richer and the poor are getting poorer while the middle class gets riddled with foreclosures, bankruptcies, massive job loses and you like it?
Here I thought the left wing mobsters did not like people getting richer.
Change of heart there Lordy? Or just a typical left wing double standard to find some little bright spot under the dim skies under Obama?
Odd that a left winger is bragging about people with money making money on investments.
I thought you left wingers did not like people making money???
I have never saw a poor person invest in the stock market so I wonder what your bragging about on this issue.
Those darn rich people and corporations are making money and you actually like it????
All of a sudden you find a bright shining light under the very bleak picture of Obama and run it to death but you know you still do not like rich people, people who are successful, people who have money to invest and those bad dirty corporations.
Maybe some of those people can gain back the millions they have lost since January now?
Dont smile to long, the rich are getting richer and the poor are getting poorer while the middle class gets riddled with foreclosures, bankruptcies, massive job loses and you like it?
Here I thought the left wing mobsters did not like people getting richer.
Change of heart there Lordy? Or just a typical left wing double standard to find some little bright spot under the dim skies under Obama?
My income is up slightly now that I'm serving regularly on a Death Panel. Just the other day, I granted a six month hospital stay to an illegal alien, and then had his elderly mother killed over a mild case of dermatitis. He tipped me a hundred bucks.
Odd that a left winger is bragging about people with money making money on investments.
I thought you left wingers did not like people making money???
I have never saw a poor person invest in the stock market so I wonder what your bragging about on this issue.
Those darn rich people and corporations are making money and you actually like it????
All of a sudden you find a bright shining light under the very bleak picture of Obama and run it to death but you know you still do not like rich people, people who are successful, people who have money to invest and those bad dirty corporations.
Maybe some of those people can gain back the millions they have lost since January now?
Dont smile to long, the rich are getting richer and the poor are getting poorer while the middle class gets riddled with foreclosures, bankruptcies, massive job loses and you like it?
Here I thought the left wing mobsters did not like people getting richer.
Change of heart there Lordy? Or just a typical left wing double standard to find some little bright spot under the dim skies under Obama?
Well, that just goes to show how poorly you "think". LOL
First of all, I'm not a Leftwinger - I'm a Left-leaning moderate. You remember those? The kind of folks who used to have some respect for the GOP before it was taken over by ignorant barbarians like Palin and Rush? The kind of folks who actually voted for Reagan and had respect for (even when we disagreed with) intelligent Conservatives like William F. Buckley? The kind of folks who simply grew tired of a GOP platform that revolves around personal attacks on their opponents (but has nothing else of substance)? Remember those?
That's ME. I was one of them. I was a proud Ronald Reagan voter. Sadly for the GOP those days are long gone. I simply grew sick of the endless personal attacks on Bill Clinton and the $30 MILLION dollars that was spent investigating the fact that in final analysis all he did wrong was get a bl*w job and try and hide from his wife. What a waste of money!
So, you know NOTHING about me - and people who vote like me, and there are plenty of "poor" middle class people like me who are heavily invested in the stock market with our little 401K's and our company provided pension plans - and YES we DO like making money and I'm THRILLED my 401K has recovered so well the last 5 months or so under Obama after getting the cr*p beat out of it the last year and half of GWs reign.
And just so you know, I have nothing against rich people making money (even LOTS of money) - I have rich people in my very own family. As long as they make their money FAIRLY and HONESTLY and without abusing or taking advantage of people who are less well off than them - I say more power to them.
So, maybe you shouldn't "think" so much since it doesn't seem to be helping your draw logical or accurate conclusions about much.
Ken
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