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Old 04-29-2009, 07:08 AM
 
Location: Raleigh, NC
9,059 posts, read 12,994,622 times
Reputation: 1401

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All that money, zippo results.

Voodoo Keynesian retards shouldn't feel so bad. In Zimbabwe, the economy hasn't improved even though everyone is a billionaire. Over there, I'm sure it'll just take some a little more money printing to turn things around.

I wonder what the voodoo economic witchdoctors Bernanke and Geithner will cook up next?
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Old 04-29-2009, 07:21 AM
 
Location: Chicagoland
41,325 posts, read 45,035,717 times
Reputation: 7118
Economy shrinks at 6.1 percent pace in 1Q - Yahoo! Finance (http://finance.yahoo.com/news/Economy-shrinks-at-apf-15067036.html?.v=12 - broken link)
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Old 04-29-2009, 07:28 AM
 
370 posts, read 441,517 times
Reputation: 185
Quote:
Originally Posted by ViewFromThePeak View Post
All that money, zippo results.

Voodoo Keynesian retards shouldn't feel so bad. In Zimbabwe, the economy hasn't improved even though everyone is a billionaire. Over there, I'm sure it'll just take some a little more money printing to turn things around.

I wonder what the voodoo economic witchdoctors Bernanke and Geithner will cook up next?

Well at least Wall Street are getitng their much deserved bonuses.
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Old 04-29-2009, 07:35 AM
 
Location: The Planet Mars
2,159 posts, read 2,588,770 times
Reputation: 523
Quote:
Originally Posted by ViewFromThePeak View Post
All that money, zippo results.

Voodoo Keynesian retards shouldn't feel so bad. In Zimbabwe, the economy hasn't improved even though everyone is a billionaire. Over there, I'm sure it'll just take some a little more money printing to turn things around.

I wonder what the voodoo economic witchdoctors Bernanke and Geithner will cook up next?
Down 6.1%..

Yup - I blame Dubya and Paulson too... it's all their fault... they were in charge of the economy for 8 years - and the results we are seeing now had their seeds sown years ago - anyone with half a brain realizes that - they broke the economy... Obama and the Democrats are straining to fix it....

Glad you agree!!!
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Old 04-29-2009, 07:39 AM
 
Location: Raleigh, NC
9,059 posts, read 12,994,622 times
Reputation: 1401
Quote:
Originally Posted by mrbob View Post
Down 6.1%..

Yup - I blame Dubya and Paulson too... it's all their fault... they were in charge of the economy for 8 years - and the results we are seeing now had their seeds sown years ago - anyone with half a brain realizes that - they broke the economy... Obama and the Democrats are straining to fix it....

Glad you agree!!!
Last quarter's numbers can be attributed to that. You only get one "blame Bush" per election cycle. He used it already. Try again.

If he doesn't like the heat, he knows where the door is.
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Old 04-29-2009, 07:42 AM
 
1,336 posts, read 1,537,570 times
Reputation: 202
Quote:
Originally Posted by ViewFromThePeak View Post
All that money, zippo results.

Voodoo Keynesian retards shouldn't feel so bad. In Zimbabwe, the economy hasn't improved even though everyone is a billionaire. Over there, I'm sure it'll just take some a little more money printing to turn things around.

I wonder what the voodoo economic witchdoctors Bernanke and Geithner will cook up next?
But the American left can and will pin all failures on Bush. Obama has carte blanch to drag the economy into the sewer for two full terms if he wants without repercussions, because the media will say down is up and black is white.

The New Deal failed and the economic morass lasted until the advent of WW2 when we started making stuff for the Brits and French. This was 1939-40. Any blame for the Depression is still put on Hoover while FDR is somehow credited as a savior even though the New Deal was an abysmal failure for which America is still paying a dear price (think entitlements).
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Old 04-29-2009, 07:48 AM
 
Location: The Planet Mars
2,159 posts, read 2,588,770 times
Reputation: 523
Hmmmm... the stock market is up over 1% so far this morning on this news......

Guess your fervent hopes that this news would deal a death-blow to Obama, the Democrats, liberals, the country.... is not exactly getting traction...

I feel your pain!!!!! ROFLMAO!!!
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Old 04-29-2009, 07:53 AM
 
Location: Raleigh, NC
9,059 posts, read 12,994,622 times
Reputation: 1401
Quote:
Originally Posted by mrbob View Post
Hmmmm... the stock market is up over 1% so far this morning on this news......

Guess your fervent hopes that this news would deal a death-blow to Obama, the Democrats, liberals, the country.... is not exactly getting traction...

I feel your pain!!!!! ROFLMAO!!!
Wow, using a one day chart to follow economic trends?

Day trade (aka lose your shirt) much?

I'm indeed sorry you're not allowed to use the blame Bush card anymore.
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Old 04-29-2009, 08:06 AM
 
3,153 posts, read 3,601,032 times
Reputation: 1080
And if you read the article it states that consumer spending is up..while business expansion is way down. So the Obama theory of how to stimulate the economy..stimulated the wrong segment of the economy because it is not sustainable. Since business expansion has deflated, the next will be further layoffs, then all of those consumer spenders will be out of work..and there goes the GDP. This plan was doomed to fail from the beginning since it is based on a flawed economic model, that has been tested and re-tested and has failed everytime. And those of you posting here, who are ROFLMAO and still blaming Bush..well guess what folks..this is going to affect you and your family too..so wise up and open your eyes.
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Old 04-29-2009, 08:08 AM
 
1,048 posts, read 2,392,968 times
Reputation: 422
What a surprise. TARP and the stimus failed. Whoda thunk it?
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