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Author: Subject: Soooooo........

Sublime Peach





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  posted on 2/26/2009 at 10:14 PM
How's that change working out for you all?

Unemployment skyrocketing
Housing values plummeting
National deficit soaring
Budgets exploding
lobbyist laughing all the way to the bank
Earmarks seem to be never ending
The printing pressess are running 24/7 (the dollar is done)
Bailouts keep a comin', but not for you! (thanks Neil)
Your children are left holding the bill


I'd say that fascist/socialist pig that sits in the oval office will have the USA bankrupt in about 6 months.

Thank god for MOOGIS! Way to go Butch! FANTASTIC!

What a long strange trip its been! Good luck and hope to still see many of you at Wanee! That first beer is still on me!

One Way Out! (get it )
http://www.youtube.com/watch?v=Ld4nE31NecI

 
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Peach Master



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  posted on 2/26/2009 at 10:22 PM
We are watching the MELTDOWN of America......
Buy gold ,ammo and food.
CHANGE.

 

True Peach



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  posted on 2/26/2009 at 10:29 PM
quote:
How's that change working out for you all?

Unemployment skyrocketing
Housing values plummeting
National deficit soaring
Budgets exploding
lobbyist laughing all the way to the bank
Earmarks seem to be never ending
The printing pressess are running 24/7 (the dollar is done)
Bailouts keep a comin', but not for you! (thanks Neil)
Your children are left holding the bill


I'd say that fascist/socialist pig that sits in the oval office will have the USA bankrupt in about 6 months.

Thank god for MOOGIS! Way to go Butch! FANTASTIC!

What a long strange trip its been! Good luck and hope to still see many of you at Wanee! That first beer is still on me!

One Way Out! (get it )
http://www.youtube.com/watch?v=Ld4nE31NecI



History repeats itself. It is almost an exact repeat of when Reagan first took office.

Welcome back, JPB. I wondered when you'd surface again.

 

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"Love Like You've Never Been Hurt"-Satchel Paige

 

Zen Peach



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  posted on 2/26/2009 at 10:43 PM
Horrors! Everything was perfect until 36 days ago! Since then, look whats happened! Damn, I should have listened to everyone on the Right....

 

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Missing- 245 spines. If found, please send one to 1600 Pennsylvania Ave and the rest to the Capitol building care of the Democratic Party.

 

Peach Head



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  posted on 2/26/2009 at 11:16 PM
Hahaha!

Isn't this the guy that was starting all the threads about the U.S.' moves towards Socialism until someone who actually knew a thing or two pointed out that the practices he was referring to were elements of Nationalism, not Socialism . . . and then he went back and edited said threads . . . "stop the Nationalism . . ."

Find that clue yet?

 

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Chuck Norris smells what the Rock is cooking... because the Rock is Chuck Norris' personal chef.

 

True Peach



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  posted on 2/26/2009 at 11:36 PM
Here's a little welcome back video, Obama, the antichrist/Hitler:

http://blog.indecision2008.com/2009/02/25/jason-jones-barack-obama-may-be-t he-next-antichrist-hitler-or-both/

 

Maximum Peach



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  posted on 2/27/2009 at 12:49 AM
http://www.scribd.com/doc/10331304/Tin-Foil-Hat-Wearing-Idiot-layout
 

Zen Peach



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  posted on 2/27/2009 at 01:07 AM
quote:
How is Belize working out for you?


he was banned!

 

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Keep on Smiling


 

A Peach Supreme



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  posted on 2/27/2009 at 05:44 AM
jpb, you just don't get it. As long as the economy is bad, it's "the Bush economy". When the economy turns around hope and change have arrived.

 

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Mark Ramsey

 

Maximum Peach



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  posted on 2/27/2009 at 08:06 AM
quote:
BTW, jpb, how do you feel about putting your money in Swiss Franks (that's the proper spelling, BTW) now that they are worth abou $.87 in USD.
Francs. Swiss Francs.

 

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This one goes to eleven...

 

Zen Peach



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  posted on 2/27/2009 at 08:58 AM
quote:
jpb, you just don't get it. As long as the economy is bad, it's "the Bush economy". When the economy turns around hope and change have arrived.


Considering that Obama is only on his 37th day as President, and he inherited this mess. Who's economy was it and who was responsible?

 

____________________
Missing- 245 spines. If found, please send one to 1600 Pennsylvania Ave and the rest to the Capitol building care of the Democratic Party.

 

Zen Peach



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  posted on 2/27/2009 at 09:28 AM
So nice to have you back. Really. Things not going so well in Belize?

 

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"Come on down to the Mermaid Cafe and I will buy you a bottle of wine, and we'll laugh and toast to nothing and smash our empty glasses down..."

 

Zen Peach



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  posted on 2/27/2009 at 09:29 AM
quote:
I'd say that fascist/socialist pig that sits in the oval office will have the USA bankrupt in about 6 months.



Note to self: never respond to JPB ever again.

 

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"Live every week like it's Shark Week." - Tracy Jordan

 

Universal Peach



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  posted on 2/27/2009 at 10:19 AM
Yea. all the problems in america was generated the last 6 weeks since Obama took office.

We are left paying Bushes bills AGAIN, his dad did the same.

 

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Maximum Peach



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  posted on 2/27/2009 at 10:27 AM
quote:
quote:
jpb, you just don't get it. As long as the economy is bad, it's "the Bush economy". When the economy turns around hope and change have arrived.


Considering that Obama is only on his 37th day as President, and he inherited this mess. Who's economy was it and who was responsible?
And of course his administrations actions and plans: adding 1.75 trillion in new spending, bailouts for all his constituents, bailouts for people who couldn't understand their mortgage, more bailouts for the banks, baliouts for the automakers (UAW), redistribution of wealth, gun bans, antagonizing race relations (Holder's "cowards" comment), expanded entitlement programs, and higher taxes on 80%+ of the job creators - are being greeted with love and joy by the markets.

The mainstream media may be in full teen-crush swoon over the frantic pace of change in DC, but the investor class is voting with something that counts a lot more - money and future confidence.

 

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Obamacare: To insure the uninsured, we first make the insured
uninsured and then make them pay more to be insured again,
so the original uninsured can be insured for free.

 

Zen Peach



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  posted on 2/27/2009 at 10:48 AM
I always love the "the wealthy create jobs" comments. Its crap. They make money and dont sit there and say "now I can create more jobs!" They sock it away or buy another house or car. Again, nobody had anything to say when we were getting into this mess. Now, 37 days into a Democratic Presidents term, the world is coming to an end. How do you propose to get out of the mess we are in? Sit back do nothing? Im sure that would go over well. Thats what happened the past few years.

 

____________________
Missing- 245 spines. If found, please send one to 1600 Pennsylvania Ave and the rest to the Capitol building care of the Democratic Party.

 

Maximum Peach



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  posted on 2/27/2009 at 10:50 AM
quote:
the investor class is voting with something that counts a lot more - money and future confidence.

And that is exactly why we can no longer just sit here and say, waaaa, we inhereted this mess. Its now Obama's economy, whether everyone likes it or not. Enough with that b.s. What does that do to solve the problem? It just adds more b.s. to the debate and further polarizes people as opposed to focusing on the math of it all. The investor's obviously don't like it, which should concern all of us. His solutions are either going to work (I seriously hope they do) or they are going to result in untold budget deficits for years, more delfation risk, chronic stimulus...and also see Ricardian equivalence. I guess the good news is that failure is not an option. I see a state of limbo for this country for many years to come with regard to growth. I guess the best way to grow your nest egg for the next few years would be to ride the governments coat tails when investing.

 

Zen Peach



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  posted on 2/27/2009 at 10:54 AM
How come all these free market bank purists keep accepting the money?

 

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"Live every week like it's Shark Week." - Tracy Jordan

 

Zen Peach



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  posted on 2/27/2009 at 11:00 AM
quote:
His solutions are either going to work (I seriously hope they do) or they are going to result in untold budget deficits for years


We've been facing those deficits for years already. Medicare, Medicaid and Social Security have been building enough debt alone for years to place massive tax burdens on the future, and no one's ever done anything about it.

I'm taken by this new emotion (not necessarily from you, jim), that all of the sudden we're heading off a cliff. We already went over the cliff. This is happening now. The economy is in the $hitter now. Hundreds of thousands of people are losing their jobs now.

 

____________________
"Live every week like it's Shark Week." - Tracy Jordan

 

Sublime Peach



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  posted on 2/27/2009 at 11:27 AM
quote:
Considering that Obama is only on his 37th day as President, and he inherited this mess. Who's economy was it and who was responsible?


ST- Thanks for the first intelligent question. As I have stated before, the unravelling of our economy began with Clinton. The Republican Congress helped eliminate the Glass-Steagal act, which FDR put into place to prevent anything like this from ever happening again, and Clinton signed it into law. Clinton also pushed the dead beat mortgages that people could not afford in the guise of fair housing.

Bill Clinton on his involvement: http://www.youtube.com/watch?v=BQwaS0Qtswo

The removal of Glass-steagal also enabled AIG, Fannie & Freddie, etc. to get too big to fail. They were begging people to take more than they could afford when it came to housing and the lending practices were atrocious. Now you can't get a loan without 20% down and good credit, why wasn't it that way all along? Your government pushed these lenders to make these bad loans. America isn't credit worthy anymore, it's not that the banks don't have money to lend.

Freddie/Fannie hearings: http://www.youtube.com/watch?v=_MGT_cSi7Rs

Then they chopped these bad debt mortgages up and shipped them all over the world? Do you mean to tell me that they didn't know what was going to happen?

Then they removed the up-tick rule? Really, they didn't know what was going to happen when they did that too? You see, the checks and balances were in place, but the government removed them.

As for Bush, of course he contributed to this crisis with the help of the worst democratic congress ever. I have said all along these fools are on the same team and by trying to separate the two you guys can't see the forest for the trees.

Bush = Bad Cop ... Obama = good cop

There is no real difference between the Bush policies and the Obama policies. Bush started the bailouts and Obama continues them. Obama has spent more of our money than any other figure in history. The budget is an outrage and they are hanging our kids future on the line. No really, they are hanging our future on the line.

Just look at the money supply! This is Weimar Germany all over again. The dollar is not going to make it. We will be a third world country the day the dollar crashes. We are a consumer based society with no means of production.

The current money supply: http://www.youtube.com/watch?v=qw1hkEor6sM

Once you realize that it is the BANKERS and the Federal Reserve, coupled with those in Washington, that caused this mess, then you will truly understand how we got here. DC has done a fabulous job in framing wallstreet for this mess, when it was really them that brought our system down. Who watches the watchmen?

Now we are going to have higher taxes during a recession? Discourage charity giving, increase the national debt to astronomic numbers, print more money and devalue the currency beyond recognition, more and bigger government than we have ever had? And to what avail?

You can have hope all you want, but you can't eat hope.

Save yourselves and your families. Buy food, medical supplies, gold, silver, foreign currencies, guns, ammunition, and anything you think you could ever want or need. When the dollar crashes, and it will, it will be instant. Don't hang yourselves out to dry.

The New Wolrd Order (Rockefeller-Rothschild) is real, and they are going to get their one world currency by crashing our system. There is only one party, the republicrats. Don't walk, run from the dollar. Stop getting caught up in the left and the right and save yourselves from the next crisis that is just around the corner, the end of the dollar.

Ron Paul: http://www.youtube.com/watch?v=o_sCQk5s3sw

Peter Schiff: http://www.youtube.com/watch?v=p-eE85uFv8k

Jim Rogers: http://www.youtube.com/watch?v=YxoPXsac8P0

Gerald Celente: http://www.youtube.com/watch?v=uep0Xuucna0

Don't let others on this board prevent you from doing the right thing for you and your families. Take care and god bless!

 

Maximum Peach



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  posted on 2/27/2009 at 11:54 AM
quote:
We've been facing those deficits for years already. Medicare, Medicaid and Social Security have been building enough debt alone for years to place massive tax burdens on the future, and no one's ever done anything about it.

I'm taken by this new emotion (not necessarily from you, jim), that all of the sudden we're heading off a cliff. We already went over the cliff. This is happening now. The economy is in the $hitter now. Hundreds of thousands of people are losing their jobs now.


I agree with everything you say above BHawk, which is why the numbers are even more concerning. I know there is some level of spending that has to happen and that it is correct to run a deficit in a recession, but these numbers are scary. I have no problem with spending in a recession, I just hope it is not to push through everything on the party agenda, which is what got us into trouble when Bush and the gang were in office.

I agree with the cliff notion. As I have said, perhaps it is because of where I work (you probably felt it early on as well from your previous line of work), but I feel like we went off the cliff a while ago. That being said, we should probably want to limit how high we make the cliff when we have to climb back out of the valley. The numbers being thrown around are insane.

I think at this point they ought to just take the stimulus bill, divide it by the number of Americans in the country, and cut everyone a check. Now that would be a nice size check in the mail that would not only pay for your house (which would help these toxic assets), it would get you out shopping too!! I guess that would really entail moral hazard though.

 

Sublime Peach



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  posted on 2/27/2009 at 11:58 AM
quote:
So do you have all that stuff already? Serious question, I'm curious.


Yes!

 

Zen Peach



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  posted on 2/27/2009 at 11:58 AM
quote:
quote:
We've been facing those deficits for years already. Medicare, Medicaid and Social Security have been building enough debt alone for years to place massive tax burdens on the future, and no one's ever done anything about it.

I'm taken by this new emotion (not necessarily from you, jim), that all of the sudden we're heading off a cliff. We already went over the cliff. This is happening now. The economy is in the $hitter now. Hundreds of thousands of people are losing their jobs now.


I agree with everything you say above BHawk, which is why the numbers are even more concerning. I know there is some level of spending that has to happen and that it is correct to run a deficit in a recession, but these numbers are scary. I have no problem with spending in a recession, I just hope it is not to push through everything on the party agenda, which is what got us into trouble when Bush and the gang were in office.

I agree with the cliff notion. As I have said, perhaps it is because of where I work (you probably felt it early on as well from your previous line of work), but I feel like we went off the cliff a while ago. That being said, we should probably want to limit how high we make the cliff when we have to climb back out of the valley. The numbers being thrown around are insane.

I think at this point they ought to just take the stimulus bill, divide it by the number of Americans in the country, and cut everyone a check. Now that would be a nice size check in the mail that would not only pay for your house (which would help these toxic assets), it would get you out shopping too!! I guess that would really entail moral hazard though.


LOL - I'm still thinking that paying off every single mortgage in America isn't such a bad idea! LOL Imagine the money that would free up!

 

____________________
"Live every week like it's Shark Week." - Tracy Jordan

 

Zen Peach



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  posted on 2/27/2009 at 12:37 PM
quote:
LOL - I'm still thinking that paying off every single mortgage in America isn't such a bad idea! LOL Imagine the money that would free up!


Strangely, I like this idea. For me, it would free up ~$800 a month. If they want to stimulate things, that would be a great way to do it. However, I would predict that with the sudden windfall of money, many people would then extend themselves into other areas of debt like credit cards, cars etc.

 

____________________
Missing- 245 spines. If found, please send one to 1600 Pennsylvania Ave and the rest to the Capitol building care of the Democratic Party.

 

Maximum Peach



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  posted on 2/27/2009 at 12:47 PM
quote:
LOL - I'm still thinking that paying off every single mortgage in America isn't such a bad idea! LOL Imagine the money that would free up!


BHawk, we have competitions, so to speak, at work with regard to how to best solve the current problem as it relates to housing. On a serious note and not to bring up debate, just to show you where I got that one from....our investment professionals are not really fond of some of the housing programs for various reasons, one being that we still have not solved the lending problem and we still haven't resolved the problem of getting through inventory. Seems like part of the new plan helps more homes from going into foreclosure (which is a good thing), but doesn't necessarily rip through current inventory. Also, it may not help as many people as folks think (again for a number of reasons which I won't get into)....So one of the analysts on our residential desk jokingly proposed that what I said above. Actually I think he said household as opposed to every person, so that would make the check even bigger!! Perhaps we should go stand on the steps of Congress with that idea. Uniformed Secret Service would probably shoot us!!

 
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