Rubert Murdoch expects Obama to win in a landslide (John Kerry, employment, Congress)
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Hmmm...I thought working capital un-stifled innovation??? When manufacturers are taxed to the hilt, I wonder how many new widgets they'll make? The enemy is the parasite subhuman lobbyist going for corporate government intervention, not the corporations themselves. Unbridled capitalism will be flogged to death as "collateral damage", and our ability to compete with other countries who have a much more liberated business environment will be undermined.
Remember, the rich can retire, sit on the beach and utilize tax shelters instead of fostering capital investment. Or, they could simply do business in other countries since Americans will be too poor with too many dollars now flooding our shores to buy their stuff.
The non-exportable service based sector is toast. No president can stop that inevitability.
Plenty of investment money around for years, advances in technology are making strides, and their applications are being undermined by established commerce + govt holding hands with them. Plan B corporate welfare via orchestrated executive, legislative, and judicial branches.
This is not free market. It's herding sheep with boxed in policies to properly fleece them with low wages and higher taxes. When bills cant be paid and inevitably going broke, repubs raised taxes just in time for dems to catch heat for it. Ain't that cute?
Plenty of investment money around for years, advances in technology are making strides, and their applications are being undermined by established commerce + govt holding hands with them. Plan B corporate welfare via orchestrated executive, legislative, and judicial branches.
This is not free market. It's herding sheep with boxed in policies to properly fleece them with low wages and higher taxes. When bills cant be paid and inevitably going broke, repubs raised taxes just in time for dems to catch heat for it. Ain't that cute?
It goes both ways.
The fake properity that the nasdaq bubble generated was passed just in time onto Bush. Bush and Greenspan as a result blew up the housing bubble instead of taking it on the chin like real men should have. Bush passed the buck, but Obama will take the blame.
It doesn't matter whether it's cute. Until politics becomes more honest and transparent and the people become more educated and aware, nothing will change. People like Ron Paul tried to make a difference, but the ignorant masses spoke up and said they'd rather hear promises that Santa Claus is coming to town instead of knowing what the true cost of economic freedom entails.
Economic freedom means savnigs, underconsumption, sacrifice and capital investment with limited government involvement. Unfortunately, neither party subscribes to this and prefers a perverse implementation of capitalism, whether it be crony bolshevist corporatism or cradle to grave entitlement programs which drain the treasury and stifle capital formation for business.
Obama is going to win in a landslide because we will be in a deep recession as Bush/Bernanke cannot hold back the floodgates of inflation any longer.
However, we will get Carter part deux with double digit CPI figures (whether or not the government wants to suppress the figures by changing the methodology) and Obama WILL be a one termer. You can bank on it.
Nothing against the guy. He seems nice and a good motivator. He'll just get us in worse trouble by trying to "fix" the economic problems, only making them worse throughout the 4 years he's in office.
Hopefully, however, we'll save a lot of money not being in unnecessary wars. That much I'm hoping out of him.
I tend to agree. I think he'll get in, but won't accomplish much or screw it up even worse Right or wrong I'm hunkering down, watching my investments, buying tangible assets (land)
I tend to agree. I think he'll get in, but won't accomplish much or screw it up even worse Right or wrong I'm hunkering down, watching my investments, buying tangible assets (land)
I'm just worried he's going to put some really hard controls into effect, like limitations on foreign asset purchases and even potentially precious metals. Since too many Americans will be broke and don't hold these types of more exotic investments, there won't be many protestors to this and it's another good way to scapegoat those who saw doom and gloom coming as "opportunists".
Frankly his entilements spending will cost alot more than this war. The democrats just promise one thing to one specail interest and promise te opposite to the next.They don't have a clue as to the economy uness it can be fixed by raising taxes.Too mmany special interest all looking for a handout.
What you mean? IF Obama gets in, the economy will make a miraculous recovery, we will hear nothing but good news, the 5% unemployment will be lauded as brilliant and tremendous for Obama. Where's the puke icon when you need it?
Frankly his entilements spending will cost alot more than this war. The democrats just promise one thing to one specail interest and promise te opposite to the next.
Please provide some examples.
Quote:
They don't have a clue as to the economy uness it can be fixed by raising taxes.Too mmany special interest all looking for a handout.
Good thing for America's economy that Bush/Cheney haven't been in the back pockets of special interests.
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