Obama will win re-election in 2012 (198)
i really hope he doesnt win in 2012. he hasnt done any good in office so far.
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toranoga: One of the things Keynes said was that government should juice up the economy in bad times, but he also said that the debts incurred in the bad times should be paid off in the good times. Congress just neglected to read the second part.
Keynes was wrong on both parts,since the same Government interference causes the Conditions for Government to justify more Government interference!Why should my Money bail out an Incompetent Fool,that hasn't got the Qualification to run a Hot-Dog-Cart,but believes Government ought put him in Charge of an Investment Bank,and bail him out with MY Money if he screws up?
Barney Frank And His Cohorts!
They would even make a bad Rock-Group!
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It is way too early to tell. He is here four another three years. Let's just hope he shakes things up enough to get America back on track.
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Conrad73: Keynes was wrong on both parts,since the same Government interference causes the Conditions for Government to justify more Government interference!
Why should my Money bail out an Incompetent Fool,that hasn't got the Qualification to run a Hot-Dog-Cart,but believes Government ought put him in Charge of an Investment Bank,and bail him out with MY Money if he screws up?
Barney Frank And His Cohorts!
They would even make a bad Rock-Group!
Why should my Money bail out an Incompetent Fool,that hasn't got the Qualification to run a Hot-Dog-Cart,but believes Government ought put him in Charge of an Investment Bank,and bail him out with MY Money if he screws up?
Barney Frank And His Cohorts!
They would even make a bad Rock-Group!
I didn't say Keynes was right or wrong, but I did say that congress uses everything stated by anyone in a perverted and distorted way.
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jdunne1980: I am sorry to be a pain here as I know you dont want to answer my questions but when you say things like above it will really does get to me.
I have a major issue with you saying we are heading for a depression. The reason being that there is no one who successfully say that and if it does indeed happen there is no one (not even our president) who can stop it. That is economics 101. It goes back to the issue of bailing out all the banks and car industry. You dont do it. Survival of the fitess. And also regarding your statement of depression if you and media outlets such as MSNBC, CNN, ABC, Fox keep saying it will happen then it will. Cause what happens when people here these statements, they stop spending money and things get worse.
Lastly to your point about buying gold - I heard a financial "Expert" (and I use that word very losely) who will rename un named recently saying that everyone should buy it. Thats economics 102. If everyone buys it demand goes up and price goes down. And it is defo not the best way to go. However for anyone who wants shares advise do the following: Spend it and spend it now and put some aside for a rainy day.
But if you feel you must invest it somewhere do some of the following:
Try buy a property as they are the only thing defo going up out of this recession. And if you want to a bigger gamble go to a place that is selling houses for $10,000 or less and buy about 10 of them. They will be worth about $50,0000 in 18 months plus.
Now some of you may disagree with me, but I am only trying to help. Have a great day everyone.
I have a major issue with you saying we are heading for a depression. The reason being that there is no one who successfully say that and if it does indeed happen there is no one (not even our president) who can stop it. That is economics 101. It goes back to the issue of bailing out all the banks and car industry. You dont do it. Survival of the fitess. And also regarding your statement of depression if you and media outlets such as MSNBC, CNN, ABC, Fox keep saying it will happen then it will. Cause what happens when people here these statements, they stop spending money and things get worse.
Lastly to your point about buying gold - I heard a financial "Expert" (and I use that word very losely) who will rename un named recently saying that everyone should buy it. Thats economics 102. If everyone buys it demand goes up and price goes down. And it is defo not the best way to go. However for anyone who wants shares advise do the following: Spend it and spend it now and put some aside for a rainy day.
But if you feel you must invest it somewhere do some of the following:
Try buy a property as they are the only thing defo going up out of this recession. And if you want to a bigger gamble go to a place that is selling houses for $10,000 or less and buy about 10 of them. They will be worth about $50,0000 in 18 months plus.
Now some of you may disagree with me, but I am only trying to help. Have a great day everyone.
When any government trys to print currency to get out of a bad financial situation, it always turns out bad. If the Dollar were to go down 50% over the next 18 months, your houses would only be worth half as much as it appears they would be. If the dollar does depreciate and you would have bought gold you have an assest that is spendable and has real appreciation. How well do houses spend?
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Yuh, sure. We'll see.
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jdunne1980: Wow history has been made so its time to celebrate. Heres to ya
I am very curious to know what mistake I made about gold but I would be very grateful if you could enlighten me.
Lastly about the houses. Its a plan I submitted a long time ago but no one liked but let me make myself clear. I based it on a area which has high unemployment high foreclosure rates etc and based on someone who has money to invest. People buys houses, and concentrate on one state or area. Get the local people to do them up which would help cut local unemployment. Also with the houses now done up and with supply and demand the prices go up and you make a profit. However for someone like Warren Buffet there would be way to much work involved for to little return and for the chance of risk as they would not wait 18 months to make $20,000 PROFIT. But of course maybe I am wrong.
Pleased to meet you to and I will try keep my posts shorter but I will start after this one.
I am very curious to know what mistake I made about gold but I would be very grateful if you could enlighten me.
Lastly about the houses. Its a plan I submitted a long time ago but no one liked but let me make myself clear. I based it on a area which has high unemployment high foreclosure rates etc and based on someone who has money to invest. People buys houses, and concentrate on one state or area. Get the local people to do them up which would help cut local unemployment. Also with the houses now done up and with supply and demand the prices go up and you make a profit. However for someone like Warren Buffet there would be way to much work involved for to little return and for the chance of risk as they would not wait 18 months to make $20,000 PROFIT. But of course maybe I am wrong.
Pleased to meet you to and I will try keep my posts shorter but I will start after this one.
You said: "Lastly to your point about buying gold - I heard a financial "Expert" (and I use that word very losely) who will rename un named recently saying that everyone should buy it. Thats economics 102. If everyone buys it demand goes up and price goes down. And it is defo not the best way to go. However for anyone who wants shares advise do the following: Spend it and spend it now and put some aside for a rainy day."
When demand goes up relative to supply, the price goes UP and Vice versa. I believe that is what you meant to say.
Regarding your house scheme, let's use everyday language instead of numbers. Basically what you're proposing is to invest in a "Handyman special" or "Fixer upper", renovating it, and selling it at a profit when the housing market turns around and repeating the process 10 times. There are several problems with this not the least of which is you're dealing with a house which is almost like a living thing it's not like a gold coin or a diamond. A lot of elements are seeking to damage or destroy it such as weather, vegatation, insects and humans. Also while you are sitting and waiting for the market to come to you, your capital is tied up and not generating any returns which you COULD be getting in the form of dividends & interest as well as capital gains on stocks. I havent even touched on the cost of fire insurance for these vacant houses nor closing costs. Have you ever tried to get fire insurance on an abandoned property? I have and guess what, no ins co will write such a policy unless the house is secured meaning boarded up. Try selling a boarded up house. LOL, in this case LOL stands for Lots Of Luck. I've been in this situation. I moved out of state and my house was broken into and when I put in a claim the ins co immediately cancelled my policy.
So, here are your choices, you could live your life in peace content with your money earning about 8% from tax free dividends from a municipal bond fund, make your wife happy and sleep like a baby, or.
Stick your lawn mower in your trunk and head out to south Humbolt st to pick up the garbage the neighbors threw on your lawn, mow the weeds and kick the crack heads out of the basement and hope that one of them didn't get cold and decided to make a little camp fire on your living room floor.
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ooby_dooby: You said: "Lastly to your point about buying gold - I heard a financial "Expert" (and I use that word very losely) who will rename un named recently saying that everyone should buy it. Thats economics 102. If everyone buys it demand goes up and price goes down. And it is defo not the best way to go. However for anyone who wants shares advise do the following: Spend it and spend it now and put some aside for a rainy day."
When demand goes up relative to supply, the price goes UP and Vice versa. I believe that is what you meant to say.
Regarding your house scheme, let's use everyday language instead of numbers. Basically what you're proposing is to invest in a "Handyman special" or "Fixer upper", renovating it, and selling it at a profit when the housing market turns around and repeating the process 10 times. There are several problems with this not the least of which is you're dealing with a house which is almost like a living thing it's not like a gold coin or a diamond. A lot of elements are seeking to damage or destroy it such as weather, vegatation, insects and humans. Also while you are sitting and waiting for the market to come to you, your capital is tied up and not generating any returns which you COULD be getting in the form of dividends & interest as well as capital gains on stocks. I havent even touched on the cost of fire insurance for these vacant houses nor closing costs. Have you ever tried to get fire insurance on an abandoned property? I have and guess what, no ins co will write such a policy unless the house is secured meaning boarded up. Try selling a boarded up house. LOL, in this case LOL stands for Lots Of Luck. I've been in this situation. I moved out of state and my house was broken into and when I put in a claim the ins co immediately cancelled my policy.
So, here are your choices, you could live your life in peace content with your money earning about 8% from tax free dividends from a municipal bond fund, make your wife happy and sleep like a baby, or.
Stick your lawn mower in your trunk and head out to south Humbolt st to pick up the garbage the neighbors threw on your lawn, mow the weeds and kick the crack heads out of the basement and hope that one of them didn't get cold and decided to make a little camp fire on your living room floor.
When demand goes up relative to supply, the price goes UP and Vice versa. I believe that is what you meant to say.
Regarding your house scheme, let's use everyday language instead of numbers. Basically what you're proposing is to invest in a "Handyman special" or "Fixer upper", renovating it, and selling it at a profit when the housing market turns around and repeating the process 10 times. There are several problems with this not the least of which is you're dealing with a house which is almost like a living thing it's not like a gold coin or a diamond. A lot of elements are seeking to damage or destroy it such as weather, vegatation, insects and humans. Also while you are sitting and waiting for the market to come to you, your capital is tied up and not generating any returns which you COULD be getting in the form of dividends & interest as well as capital gains on stocks. I havent even touched on the cost of fire insurance for these vacant houses nor closing costs. Have you ever tried to get fire insurance on an abandoned property? I have and guess what, no ins co will write such a policy unless the house is secured meaning boarded up. Try selling a boarded up house. LOL, in this case LOL stands for Lots Of Luck. I've been in this situation. I moved out of state and my house was broken into and when I put in a claim the ins co immediately cancelled my policy.
So, here are your choices, you could live your life in peace content with your money earning about 8% from tax free dividends from a municipal bond fund, make your wife happy and sleep like a baby, or.
Stick your lawn mower in your trunk and head out to south Humbolt st to pick up the garbage the neighbors threw on your lawn, mow the weeds and kick the crack heads out of the basement and hope that one of them didn't get cold and decided to make a little camp fire on your living room floor.
After reading my post when you highlighted I have realised I was very unclear about my stance on gold. You are right when demand goes up so does price but however that leads to people over paying hyper inflated prices. This works for the few who invested right at the start. Also if people are looking for an investment today to sell in a month or maybe 2 then gold is the way to go. However while I openly admit it has a few flaws I still like property. Back in the old days you could never beat brink and mortar and I still believe that.
But again and I apologise I was not clear about how to run this investment successfully so below is a step by step guide:
Buy x amount of houses.
Do up 1 house.
Sell or rent.
Do up a second house
Sell or rent.
and so on and so on. For this plan to work you need I have calculated you would need to sell 1 out of every 2 houses.
Also you are then creating steady work for a company (which should result in a discount) and steady work for people and thus bringing down unemployment in the area. Also just think of the rent you would only have to charge on a house worth $10k to make a positive return.
AGAIN I ADMIT MY PLAN AINT PERFECT, BUT ALWAYS TRY THINK OUTSIDE THE BOX INSTEAD OF JUST BEING NEGATIVE. But maybe I am wrong. As always have a good day dude!
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it doesn't matter if he gets re-elected...it will be short lived. Dec. 21, 2012 has been marked in our calendars...
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OUTRAGEOUS: it doesn't matter if he gets re-elected...it will be short lived. Dec. 21, 2012 has been marked in our calendars...
I got that Cut out!Only a Hole there now on my Calendar!
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OUTRAGEOUS: it doesn't matter if he gets re-elected...it will be short lived. Dec. 21, 2012 has been marked in our calendars...
Did you ever think that maybe the mayans ran out of wall space to carve on? Or maybe they just figured enough is enough, you have to draw the line someplace. ------ This thread is Archived ------
ooby_dooby: Did you ever think that maybe the mayans ran out of wall space to carve on? Or maybe they just figured enough is enough, you have to draw the line someplace.
ran out of space? on an empty jungle? full of mountains and caves? Naaahhh! carving in stone was a trade passed from father to son...those were the Aboriginal Masons...
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It looks like everything is going along as I predicted. The Dow continues to rise, it was 10,291 when I started this thread, it is now over 11,000 and going up steadily. Initial unemployment claims were running 502,000, they have dropped to 460,000. Continuing claims were at 5,631,000, they are down to 4,550,000. Healthcare reform has been accomplished, maybe not perfectly but at least it can now be tweaked til it is as perfect as possible.
During the Earthquake in Chile the United States under the most top secret means secured all of the enriched Uranium that existed in that country and shipped it to America where it will be safe from terrorists getting their hands on it. This weapons grade material will be converted to fuel for nuclear power reactors.
Mr Obama has achieved what can only have been wishful thinking during the past, The removal of all enriched Uranium and Plutonium from the former Soviet state of Ukraine. He also signed an agreement with Russia to reduce the number of nuclear weapons that threaten the destruction of the whole world.
I like to think I am in tune with Mr Obamas agenda but this surprised even me.
He is forging improved relationships with countries all over the world. What a change that is from the Bush years when we lost admiration and respect and were regarded as more dangerous than the Taliban. If you want to guage the opinion of Mr Obama by the world outside the US, you need only to read the threads on this site. I would say he has an approval rating with the rest of the world of at least 70 to 80%. I can hear the refrain from the right already, "Who gives a s__t what the rest of the world thinks?" To that I can only say
What have the Republicans been saying through all this? NO NO NO NO NO! That seems to be all they "kNOw". Imagine what could be accomplished if our politicians worked together instead of trying to cut each others throats.
Those Democrat politicians who are not going to seek re-election in November out of fear are making the same mistake Al Gole made by trying to distance himself from Bill Clinton. That cost him the presidency in 2000 IMO.
During the Earthquake in Chile the United States under the most top secret means secured all of the enriched Uranium that existed in that country and shipped it to America where it will be safe from terrorists getting their hands on it. This weapons grade material will be converted to fuel for nuclear power reactors.
Mr Obama has achieved what can only have been wishful thinking during the past, The removal of all enriched Uranium and Plutonium from the former Soviet state of Ukraine. He also signed an agreement with Russia to reduce the number of nuclear weapons that threaten the destruction of the whole world.
I like to think I am in tune with Mr Obamas agenda but this surprised even me.
He is forging improved relationships with countries all over the world. What a change that is from the Bush years when we lost admiration and respect and were regarded as more dangerous than the Taliban. If you want to guage the opinion of Mr Obama by the world outside the US, you need only to read the threads on this site. I would say he has an approval rating with the rest of the world of at least 70 to 80%. I can hear the refrain from the right already, "Who gives a s__t what the rest of the world thinks?" To that I can only say
What have the Republicans been saying through all this? NO NO NO NO NO! That seems to be all they "kNOw". Imagine what could be accomplished if our politicians worked together instead of trying to cut each others throats.
Those Democrat politicians who are not going to seek re-election in November out of fear are making the same mistake Al Gole made by trying to distance himself from Bill Clinton. That cost him the presidency in 2000 IMO.
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ooby_dooby: It looks like everything is going along as I predicted. The Dow continues to rise, it was 10,291 when I started this thread, it is now over 11,000 and going up steadily. Initial unemployment claims were running 502,000, they have dropped to 460,000. Continuing claims were at 5,631,000, they are down to 4,550,000. Healthcare reform has been accomplished, maybe not perfectly but at least it can now be tweaked til it is as perfect as possible.
During the Earthquake in Chile the United States under the most top secret means secured all of the enriched Uranium that existed in that country and shipped it to America where it will be safe from terrorists getting their hands on it. This weapons grade material will be converted to fuel for nuclear power reactors.
Mr Obama has achieved what can only have been wishful thinking during the past, The removal of all enriched Uranium and Plutonium from the former Soviet state of Ukraine. He also signed an agreement with Russia to reduce the number of nuclear weapons that threaten the destruction of the whole world.
I like to think I am in tune with Mr Obamas agenda but this surprised even me.
He is forging improved relationships with countries all over the world. What a change that is from the Bush years when we lost admiration and respect and were regarded as more dangerous than the Taliban. If you want to guage the opinion of Mr Obama by the world outside the US, you need only to read the threads on this site. I would say he has an approval rating with the rest of the world of at least 70 to 80%. I can hear the refrain from the right already, "Who gives a s__t what the rest of the world thinks?" To that I can only say
What have the Republicans been saying through all this? NO NO NO NO NO! That seems to be all they "kNOw". Imagine what could be accomplished if our politicians worked together instead of trying to cut each others throats.
Those Democrat politicians who are not going to seek re-election in November out of fear are making the same mistake Al Gole made by trying to distance himself from Bill Clinton. That cost him the presidency in 2000 IMO.
Wish in one Hand...........During the Earthquake in Chile the United States under the most top secret means secured all of the enriched Uranium that existed in that country and shipped it to America where it will be safe from terrorists getting their hands on it. This weapons grade material will be converted to fuel for nuclear power reactors.
Mr Obama has achieved what can only have been wishful thinking during the past, The removal of all enriched Uranium and Plutonium from the former Soviet state of Ukraine. He also signed an agreement with Russia to reduce the number of nuclear weapons that threaten the destruction of the whole world.
I like to think I am in tune with Mr Obamas agenda but this surprised even me.
He is forging improved relationships with countries all over the world. What a change that is from the Bush years when we lost admiration and respect and were regarded as more dangerous than the Taliban. If you want to guage the opinion of Mr Obama by the world outside the US, you need only to read the threads on this site. I would say he has an approval rating with the rest of the world of at least 70 to 80%. I can hear the refrain from the right already, "Who gives a s__t what the rest of the world thinks?" To that I can only say
What have the Republicans been saying through all this? NO NO NO NO NO! That seems to be all they "kNOw". Imagine what could be accomplished if our politicians worked together instead of trying to cut each others throats.
Those Democrat politicians who are not going to seek re-election in November out of fear are making the same mistake Al Gole made by trying to distance himself from Bill Clinton. That cost him the presidency in 2000 IMO.
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nicetohavedreams: who going to win Conrad. Sarah palin. i doubt that. media will have her for lunch.
That Usbek Guy!------ This thread is Archived ------
ooby_dooby: It looks like everything is going along as I predicted. The Dow continues to rise, it was 10,291 when I started this thread, it is now over 11,000 and going up steadily. Initial unemployment claims were running 502,000, they have dropped to 460,000. Continuing claims were at 5,631,000, they are down to 4,550,000. Healthcare reform has been accomplished, maybe not perfectly but at least it can now be tweaked til it is as perfect as possible.
During the Earthquake in Chile the United States under the most top secret means secured all of the enriched Uranium that existed in that country and shipped it to America where it will be safe from terrorists getting their hands on it. This weapons grade material will be converted to fuel for nuclear power reactors.
Mr Obama has achieved what can only have been wishful thinking during the past, The removal of all enriched Uranium and Plutonium from the former Soviet state of Ukraine. He also signed an agreement with Russia to reduce the number of nuclear weapons that threaten the destruction of the whole world.
I like to think I am in tune with Mr Obamas agenda but this surprised even me.
He is forging improved relationships with countries all over the world. What a change that is from the Bush years when we lost admiration and respect and were regarded as more dangerous than the Taliban. If you want to guage the opinion of Mr Obama by the world outside the US, you need only to read the threads on this site. I would say he has an approval rating with the rest of the world of at least 70 to 80%. I can hear the refrain from the right already, "Who gives a s__t what the rest of the world thinks?" To that I can only say
What have the Republicans been saying through all this? NO NO NO NO NO! That seems to be all they "kNOw". Imagine what could be accomplished if our politicians worked together instead of trying to cut each others throats.
Those Democrat politicians who are not going to seek re-election in November out of fear are making the same mistake Al Gole made by trying to distance himself from Bill Clinton. That cost him the presidency in 2000 IMO.
During the Earthquake in Chile the United States under the most top secret means secured all of the enriched Uranium that existed in that country and shipped it to America where it will be safe from terrorists getting their hands on it. This weapons grade material will be converted to fuel for nuclear power reactors.
Mr Obama has achieved what can only have been wishful thinking during the past, The removal of all enriched Uranium and Plutonium from the former Soviet state of Ukraine. He also signed an agreement with Russia to reduce the number of nuclear weapons that threaten the destruction of the whole world.
I like to think I am in tune with Mr Obamas agenda but this surprised even me.
He is forging improved relationships with countries all over the world. What a change that is from the Bush years when we lost admiration and respect and were regarded as more dangerous than the Taliban. If you want to guage the opinion of Mr Obama by the world outside the US, you need only to read the threads on this site. I would say he has an approval rating with the rest of the world of at least 70 to 80%. I can hear the refrain from the right already, "Who gives a s__t what the rest of the world thinks?" To that I can only say
What have the Republicans been saying through all this? NO NO NO NO NO! That seems to be all they "kNOw". Imagine what could be accomplished if our politicians worked together instead of trying to cut each others throats.
Those Democrat politicians who are not going to seek re-election in November out of fear are making the same mistake Al Gole made by trying to distance himself from Bill Clinton. That cost him the presidency in 2000 IMO.
So far 16 House DEM have decided not to run in 2010. I think the number for DEM Senators is around 6. Ooby there is a reason for it.
They know that the votes on legislation that they have been making this 14 month in not acceptable to the average American,
In a way it is not the Tea Baggers that are driving them from these races. It is the political positions that they have taken on the Obama agenda. Tea Baggers are just making it very public their positions and votes. And that is politics.
As Pres. Obama approval ratings have sank....from 75% to now 44%....distancing them from the President is growing to a 'must do'. Some may want to return to political races after 2010,
so taking a time out is a way to distance themselves.
As for foreign country turn in of nuclear materials....there is nothing new about this. The US has one of the world's few nuclear material reprocessing facilities that brings spent nuclear fuel rods to being non radioactive. Located in GA, this facility has long reprocessed nuclear materials to safe levels. Since the break up of the Soviet Union, spent fuel rods and HEU material have been reprocessed here.
Have the REP play a delay game on the Obama agenda? Yes, there is no doubt about that. We have seen short duration filibusters, hold ups of Obama appointments, and other stall tactics. Again politics.
But we also got a deeper look into how a Obama government works...with back room deals, earmarks, and porking. Chicago style politics in Washington. If the REP had not played a delayed game, these unsavory political practices would not have been exposed. Now exposed, all can work together to make the American political process and country better.
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ladyirish: "My top 10 Bands of coolness :)"(meet us in the top 10 lists)
As far as bailing out GM goes while I hated the idea it did save 1000's of jobs and an industry that is the life blood of a big chunk of this country and last I heard GM will be able to pay back the loan 3 years earlier and we taxpayer will probably actually make a profit in the end.
You made an error about the price of gold going down as demand goes up but I think you're aware of that.
In my life I've bought & sold 7 houses including a 21 acre farm so I know a little bit about real estate. Your idea about buying 10, $10,000 houses is intreguing(sp) but unless you have a team of carpenters, roofers, plumbers, electritians etc at your beck & call to repair & maintain these properties you are gonna wind up with nothing but a heart attack trying to handle such an endeavor. Any house that can be bought for 10 grand is going to be a slum crack house which has been abandoned and vandalized. If one could turn a 10K house into a 50K in 18 months people like Warren Buffet would be doing it.
See, I don't mind having a discussion with you, just give it to me in smaller doses because contrary to popular belief I do have a real life. Cheers.
Wow history has been made so its time to celebrate. Heres to ya
However it is short lasted as I totally agree with you on what you say about the bailout. I dont think any bailout is ever a good idea as business should be the rest survive because they are good not because they got a bailout and that goes against every fibre in my being. Also I hate to continue to disagree but I aint sure exactly how many jobs the bailout saved but will admit it saved some. I think if you go thru history of businesses, when one fails the best people of the company can go work for the competition. But I semi agree with you point but I do have one big issue with bailouts which will come to light in several years - THE RATE OF INFLATION IT WILL CAUSE.
I am very curious to know what mistake I made about gold but I would be very grateful if you could enlighten me.
Lastly about the houses. Its a plan I submitted a long time ago but no one liked but let me make myself clear. I based it on a area which has high unemployment high foreclosure rates etc and based on someone who has money to invest. People buys houses, and concentrate on one state or area. Get the local people to do them up which would help cut local unemployment. Also with the houses now done up and with supply and demand the prices go up and you make a profit. However for someone like Warren Buffet there would be way to much work involved for to little return and for the chance of risk as they would not wait 18 months to make $20,000 PROFIT. But of course maybe I am wrong.
Pleased to meet you to and I will try keep my posts shorter but I will start after this one.