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  #1  
Old 07-07-2009, 03:44 PM
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win diesel win diesel is offline
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Default Another Stimulus? Get out the pitchforks imo

I've had enough..seriously. These losers had their chance the first time around. But they chose instead to just throw out a pork bill of all the projects sitting around for years. And according to them, they still haven't even spent 90% of the first one. wtf

Hebert Hoover, how is this stock market?

But please, keep talking about Palin.


Quote:
NEW YORK (Reuters) - U.S. stocks fell on Tuesday as talk of a second government stimulus plan stirred fears that the economy is far from well, raising the specter of an anemic second quarter earnings season.

A member of the Obama administration's economic advisory panel said the United States should plan to possibly provide a second round of stimulus funds to prop up the economy, implying that recovery is still far off.

"I think it's insane, the first stimulus package has not even been spent yet," said Andre Weisbrod, president & chief executive of Staar Financial Advisors in Pittsburgh.

"They are creating what I would call the government bubble ... When that bursts we are in huge trouble."

The recent rotation into non-cyclical areas of the market continued as investors sought out companies better positioned to weather a weak economy.
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Old 07-07-2009, 03:46 PM
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Don't forget the worship of Michael "get the kiddies drunk and suck" Jackson...
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Old 07-07-2009, 03:48 PM
Herbert Hoover Herbert Hoover is offline
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Originally Posted by win diesel View Post
Hebert Hoover, how is this stock market?
Quite a bit better than if there had been no stimulus.

Most economists knew the stimulus was too small. But with the right wing wacko's screaming at every turn, Obama's team tried to low ball it. Now they have to add more stimulus in which is politically expensive (because people will react like you are).

It would have been a lot better to have just gotten the stimulus right in the first place.

Cest la vie
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Old 07-07-2009, 03:51 PM
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You'd be better off if even more money was stolen from tax payers and given to the rich bankers to avert a crisis they created?
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Old 07-07-2009, 03:52 PM
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It would have been a lot better to have just gotten the stimulus right not blown the bubble (Fed, Fannie/Freddie, SEC, FDIC, ratings agencies) in the first place.
IFYP
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Old 07-07-2009, 03:52 PM
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Obama is a steaming pile of turd, imo
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Old 07-07-2009, 03:54 PM
Herbert Hoover Herbert Hoover is offline
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Obama is a steaming pile of turd, imo
Not bad, but win would have been even more brief and dropped the "of turd."
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Old 07-07-2009, 03:56 PM
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Quite a bit better than if there had been no stimulus.
Perhaps instead of asking how's the stock market, we should ask you how's the kool-aid. Do you seriously believe this? Or do you just feel that you are forced to pimp for your man Obama?
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Old 07-07-2009, 03:57 PM
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Quote:
Originally Posted by Herbert Hoover View Post
Quite a bit better than if there had been no stimulus.

Most economists knew the stimulus was too small. But with the right wing wacko's screaming at every turn, Obama's team tried to low ball it. Now they have to add more stimulus in which is politically expensive (because people will react like you are).

It would have been a lot better to have just gotten the stimulus right in the first place.

Cest la vie
lol right wing wackos..almost a trillion dollars and no one even read it

The problem was not that the first stimulus was too small, it was because it was not even a stimulus at all. It was a complete sham. Fook them. They had their chance to put together a good bill. The entire country thought that a stimulus was needed. The outcries started when it became clear it was a piece o' garbage. But they felt like they deserved to be able to put in all of their pet projects because they have been out of power for so long.

But all of these "right wing wackos" said it was not a stimulus. And ya know what, so far they are 100% correct.
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Old 07-07-2009, 03:57 PM
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Obama is a steaming pile of turd, imo
you underestimate a pile of turd
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