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Give me a break! They voted Republican while Obama was still playing soccer in Kenya with Trump. It's cultural. His policies have little to do with it. Shoot, if anything they ought to appreciate Obama because he listened to them and got the Keystone out of the Sand Hills as they asked.
Give you a break??!?
How about a break for those actual people from many walks of llife and stations in life whose businesses and jobs and savings have been trashed by the very real, actual, visible, logical damage of the Obama agenda?
Those are the people who need a break. When I wrote of them in my previous post, I was thinking of those situations where I have direct, personal knowledge of the damage done, and the damage to come.
I'll just stop you right there. How are these "small town bankers" getting strangled under Dodd -Frank?
Mr. Yankee, just ask one...and make sure you have a LOT of time to hear the answer. New bank charters are a good proxy for the environment that small, independent banks deal with. In the past eighteen months, unprecedented in history, ZERO new federal bank charters have been applied for. NONE. This has never happened before. And the pace of the little guys selling out to the big guys has ramped up dramatically.
The retired chairman of Wells Fargo was on CNBC a few weeks ago, explaining that Dodd Frank was a big kiss to the very largest institutions since profitability has been regulated away from community banks--and they will all be forced to sell out to the bigs sooner or later. You have a large federal bureaucracy chasing the banks around to make sure they are making good loans, and a different large federal bureaucracy chasing them around to force more bad loans to meet racial and geographic quotas. Obama's attorney general has instigated some odious actions in this regard. And it is hugely more expensive to process any loan nowadays, due to the cumbersome regs.
And why do we have these regs? Because the politicians were pissed off at half a dozen of the largest banks. They nailed all 9,000 banks with Dodd-Frank. Citibank has an army of lawyers, no regulation is a problem. Bank of America has an army of lawyers, no regulation is a problem. Main Street Bank in Hometown does NOT have an army of lawyers; they are totally screwed.
I don't have time to run a whole seminar on this topic.
Thank you for posting your question. It points to the total disconnent between Obama's bumper-sticker, campaign-type communications on this matter, and the reality on Main Street. "They are trying to take us back to the policies that got us into this mess!" he says, again and again, as if a healthy banking system is NOT a prerequisite to a healthy economy.
How about a break for those actual people from many walks of llife and stations in life whose businesses and jobs and savings have been trashed by the very real, actual, visible, logical damage of the Obama agenda?
Those are the people who need a break. When I wrote of them in my previous post, I was thinking of those situations where I have direct, personal knowledge of the damage done, and the damage to come.
Catholics, Small Business Owners, and Military come to mind immedietely. Not to mention the middle class as a whole. Also, dont think the blacks and hispanics are better off either. Even the ones inbattleground states who got their Obamaphones....
The definition of an idiot is someone who gives an employee four years to fix something and when that employee fails, he gives him four more years and expects thing to be different.
I guess some idiots can't understand that some things take longer than four years to fix.
Those same idiots are generally unable to comprehend that taking job losses of 700k/month (the last two months of the Bush Presidency) and turning them into 25 consecutive months (and counting) of job gains is a very good start.
The definition of an idiot is someone who gives an employee four years to fix something and when that employee fails, he gives him four more years and expects thing to be different.
No. The definition of an idiot is someone who believes a person with $240 million dollars ($240,000,000) knows what it is like to live on $24 thousand ($24,000) dollars.
Introducing the newest election indicator, a straw for Romney supporters to reach for until Election Day arrives:
One very clear difference between the candidates is on the significance of the national debt and annual deficits. The incumbent plans trillion-dollar deficits for the next four years, backing a chairman of the Federal Reserve Board who has provided more accomodation than ever before in history. The challenger 'says' he will put America on a new course of less spending and debt, and has made it clear that he will install a more hawkish Fed chief as soon as he is able.
The incumbent is seen as good for the prospects of higher commodity prices, as past Fed interventions have boosted prices of sensitive commodities and the expectation of future inflation. The challenger is seen as bad for the prospects of higher commodity prices, as less money flowing into the system from tighter monetary and fiscal policies will reduce speculative demand for commodities and the prospects for future inflation.
Since the first debate, the prices of gold, copper and oil have been on a distinctive, unremitting downtrend. The price of each peaked on or near the first debate. Today, Friday before the election, gold is getting hammered: down $38 to the $1675 area, after peaking at $1,800 per ounce at the first debate.
So while Intrade measures sentiment with a few $10 bets here and there, vast markets with tens of billions of dollars at risk are pointing to declining chances of Obama's re-election. The late-breaking trend Friday before the election, the plunge in gold, is very negative for Obama.
I've really impressed myself with the creativity that went into this post. Either I'm a genius or an idiot, and I am absolutely psychic in my ability to know which category each poster here will put me into.
That will only leave us 7 polls showing Romney is going to get his ass handed to him ...but oh well....LOL
How they loved the polls only a couple weeks ago. The forum was filled with Reps citing this one or that one and gloating over the coming victory.
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The Marcopolo Market-Based Indicator
