Here we go again?

Discussion in 'Economy' started by KMAN, Mar 5, 2009.

  1. KMAN
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    KMAN Senior Member

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  2. cunclusion
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    cunclusion Member

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    Did you even read the reason for the rise, the rise in the market yesterday was due to the infromation coming out of China about a rise in allocation of funds for their economic stimulus package. Now today they found out China is not allocating any addtional funds so the stock market is going the way it has been going. Then the expectance of negative news about the unemployement rate/job loss information that comes out tomorrow to blame all this on Obama you really need read everything jumping you jumping to conclusions doesnt help no one.
     
  3. auditor0007
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    auditor0007 Gold Member

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    While Obama has a socialist view, he is not an outright advocate of full scale socialism. Yes, he supports bigger government as he believes government serves a greater purpose to the people than just the basics. But that's as far as it goes. If you have arguments against Obama, keep them real. There's enough to argue about without heading toward conspiracy theories.
     
  4. KMAN
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    KMAN Senior Member

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    All Obama has to do is come out and say he is cutting the corporate tax rate and stocks will take off.... So why doesn't he do this?
     
  5. raceright
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    raceright Member

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    Qoute; I predict future happiness for America if they can prevent the goverment from wasting the labors of the people under the pretense of taking care of them.
    My reading of history convinces me that most bad goverment results from too much goverment..

    THOMAS JEFFERSON 1802
     
  6. DavidS
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    DavidS Anti-Tea Party Member

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    I'm going to say this once and never say it again - so I hope you're listening, KMAN.

    Obama can control the stock market as much as Bush can control the price of oil.

    Obama is not causing the stock market to crash. The speculators who caused oil to rise to $150 a barrel last year have left oil trading and have jumped on board stocks and are trading on 100% speculation. Obama was hired to put certain plans into action that he outlined on his campaign trail. So far, he is doing everything he said he would do. There have been NO surprises. An economy as bad as the one we've got right now will not recover overnight. He never said it would - he never implied it would. He only said he would fix it and that it would take time. He's not even in office 60 days yet. Most Americans are giving him until 18 months in office to hold him accountable for our economy. Only you, a partisan right wing hack, blame him for not fixing our economy sooner.
     
  7. DavidS
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    DavidS Anti-Tea Party Member

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    Because Obama's #1 priority isn't appeasing the speculators on Wall Street?
     
  8. crpravens
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    crpravens Member

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    How are you so sure?
     
  9. dilloduck
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    dilloduck Diamond Member

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    How about Soros ?---apparently he sure can make an economy flinch. ( I think they know each other too )
     
  10. editec
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    editec Mr. Forgot-it-All

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    Kman asks:


    I think it unlikely.

    Why?

    Let me ask you, KMAN ..if you were smart enough and powerful enough to crash the market, so you could buy it on the cheap, would you then give it to the government?

    How about this?

    Do you really think that the market mavens who smart and powrful enough to control the stock market are taking their marching orders from Obama the socialist?!

    Something about that theory needs revising, I think.

    I'm willing to entertain that the market can be manipulated, but not that it is being manipulated so that WE THE PEOPLE end up owning it.

    Call me cynical, but I do not think the market is controlled by philanthopists.
     

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