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Posted
What is the difference between a Communist, and a Nazi (National Socialist)?

 

It can't be oppression. It can't be the numbers of murdering of a population. Stalin beat Hitler there.

 

Please explain why you chronically refer to our PPP section as a Nazi board.

 

Because PPP is isolated from the masses (much to their own doing I do admit).

Posted
I don't understand why Wall Street hasn't rebounded now that the stimulus package has been approved. I mean, I think it's pretty clear that the stimulus package was the right thing to do, no? Otherwise, why did our elected officials move so fast to get it approved based on the fact that it was imperative to stem the most horrible economic crisis since The Great Depression?

 

Yet here we are, and at this moment, the Dow is down over 220 points. At this rate, we may dip into the 5000s by lunchtime.

 

Very odd.

 

I hope too many people don't die from a volcano eruption before the current administration can right the ship.

 

You know what? You are a terrible, evil bastard of a man because you don't have hope that the change we need is worth hoping for. You know it's people like you who have destroyed the hope of the lives of changing Americans. I hope, for your sake, that you begin to change your tune otherwise you can't say "yes we can!"

 

In other words, convert your dollars to hard assets and prepare for future change you can believe in!

Posted
So as a country we could have kept on enjoying the economic success that was post WWII America even after the collapse of manufacturing in the US?

 

??

 

Did you know, you don't have to produce things to have wealth, you just print more credit? Geesh, what's wrong with you.

Posted
Because he was banned for being a disruptive child despite repeated requests and warnings to grow up, but he thinks it's because he's a liberal.

 

There's a difference? :cry:

Posted
Did you know, you don't have to produce things to have wealth, you just print more credit? Geesh, what's wrong with you.

You can be a the best economy in the world even if you don't produce things; you just have to replace the productivity with services that the producers need.

Posted
Did you know, you don't have to produce things to have wealth, you just print more credit? Geesh, what's wrong with you.

 

I thought you just raised tarriffs, and wealth just magically created itself no matter what other economic conditions exist.

Posted
Six weeks, as of tomorrow.

 

And while I can accept blaming Obama for the stock market dropping below 7000, given the usual dynamics of the market (short-term decisions are based largely on immediate perception, which usually translates to superficialities, and "Obama is going to tax the sh-- out of corporations and the upper class" is just the kind of superficial nonsense that would drive a fall like this), it's far from a proven fact. (It's not Obama's fault, for example, that AIG posted a sixty BILLION loss last quarter.)

 

But - and here's the very important point - the stock market isn't the economy. It's a market - a bunch of people buying and selling assets based on what they think will happen in the future. Certainly Obama can affect that, even after six weeks in office. But just because he can affect that, doesn't mean it's in any way meaningful.

 

 

And by the way...you're still a moron.

 

 

Very good post Tom. It's perception that drives the market and it drives me crazy.

Posted
You can be a the best economy in the world even if you don't produce things; you just have to replace the productivity with services that the producers need.

 

Until those service providers realize it's cheaper to provide their services out of a call center in India

 

Or the services are no longer needed, then the government subsidizes the service industry because it's too big to fail

Posted
You can be a the best economy in the world even if you don't produce things; you just have to replace the productivity with services that the producers need.

 

That's a fallacy, disproven in the last 50 years.

Posted
I thought you just raised tarriffs, and wealth just magically created itself no matter what other economic conditions exist.

 

Yes, that's exactly what I said and meant meatbag.

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