Bush is also responsible for this...

[DZip]

Here is one more thread for you to blame on Bush.

I started a new job last Thursday after being out of work for 51 weeks due to corporate irresponsibility.
I refinanced my mortgage to 5.25% last week.
Stock market continues to climb increasing the value of my portfolio.

Wait a miniute... these are good things, how can it be Bush's fault?

 

[IamDavid]

lol, that evil bastard!

 

[Hayabusa Rider]

Originally posted by: DZip
Here is one more thread for you to blame on Bush.

I started a new job last Thursday after being out of work for 51 weeks due to corporate irresponsibility.
I refinanced my mortgage to 5.25% last week.
Stock market continues to clime increasing the value of my portfolio.

Wait a miniute... these are good things, how can it be Bush's fault?

So you were out of work for 51 weeks -hurray for Bush

Mortgage rates are down due to the fed. hurray for Bush

The stock market continues torecover after it was in the toilet earlier in Bush's presidency hurray for Bush



We all are now suitably impressed

I was going to congratulate you on your finding a job, but bush did that for you.

I was going to congratulate you on finding a lower rate, but bush did the leg work for you on that.

I was going to congratulate you on selecting appropriate investments, but bush did that for you too.

Seems that Big Bush loves you. Good thing I suppose.

 

[Nitemare]

Originally posted by: DZip
Here is one more thread for you to blame on Bush.

I started a new job last Thursday after being out of work for 51 weeks due to corporate irresponsibility.
I refinanced my mortgage to 5.25% last week.
Stock market continues to clime increasing the value of my portfolio.

Wait a miniute... these are good things, how can it be Bush's fault?

Anything good is attributable to the Clinton dynasty...you must have forgotten this..

good = Clinton, bad = Bush

 

[Hayabusa Rider]

What I think is that presidents get too much credit and blame for financial doings. In the original post, DZip got a job after being unemployed for almost a year. Now unless he chose to be that way, he was adversely affected by economics. He then chooses to tie Bush into all of this. Well, great then Bush got him a job after tossing him into the unemployment line for a year. I would not be so pleased with someone who forced me out of work, then decided a year later to change that. Bush has to take both credit and blame if we are going to play that game. More likely, it is the timing of things market wise, and management decisions which forced him out, assuming no wrong doing on his part. DZip needs to take more credit for his fortunes, rather than implying some largess on the part of any administration.

 

[Siddhartha]

Originally posted by: DZip
Here is one more thread for you to blame on Bush.

I started a new job last Thursday after being out of work for 51 weeks due to corporate irresponsibility.
I refinanced my mortgage to 5.25% last week.
Stock market continues to clime increasing the value of my portfolio.

Wait a miniute... these are good things, how can it be Bush's fault?

I think if the President is going to get nailed for a lousy economy he should get the credit for a good one.

Congrats on the new job.
Interest rates are low because of the year and a half long recession.
The stock market is going up because it has been down so long amd people want to make money.

I hope the economy will continue to recovery and not double dip.

 

[Tab]

I would suppose it would be hard to work on the economy when their is a war. Other than that the goverment CANT change our economy, they can influlence it but not press a button and instantly change it for you.

 

[DZip]

I guess those that hate Bush can never accept the fact that some good things will happen during his administration. Some good things even happend during the Clinton era...remember?

 

[glugglug]

The S&P 500 is about 40% lower now than it was when Bush took office. It had more than tripled during the Clinton administration, although most of that is the internet bubble hoopla.

Sure its up now... relative to where it was during the war... because Bush gets on TV less.
Bush is the only president to be banned from public speaking when the stock market is open because of his negative impact. I know people who made good money selling stock before each Bush speech and buying it back a day or 2 later before that ban.

News flash: the internet bubble hasn't burst yet. When it does be ready for a shock.

 

[burnedout]

The S&P 500 is about 40% lower now than it was when Bush took office. It had more than tripled during the Clinton administration, although most of that is the internet bubble hoopla.

Actually, as of today, the S&P 500 is more like 30 % lower than in Jan, 2001 when Bush took office.

 

[sMiLeYz]

Originally posted by: Nitemare

Originally posted by: DZip
Here is one more thread for you to blame on Bush.

I started a new job last Thursday after being out of work for 51 weeks due to corporate irresponsibility.
I refinanced my mortgage to 5.25% last week.
Stock market continues to clime increasing the value of my portfolio.

Wait a miniute... these are good things, how can it be Bush's fault?

Anything good is attributable to the Clinton dynasty...you must have forgotten this..

good = Clinton, bad = Bush

Now you're starting to think like a conservative, except reverse Bush with Clinton and you've got it!

 

[Spyro]

Yet another dumb Bush thread

 

[SuperTool]

Bush is irresponsible, so he is not responsible for anything.

 

[Insane3D]

Stock market continues to clime increasing the value of my portfolio.

Did you mean the stock market continues to chime or climb?

 

[tcsenter]

Wait! There's hope yet! I got a bad case of prickly heat rash.

I'm sure Bush is to blame for that, some how. I can't quite draw any solid links between Bush and pricky heat rash, but neither can Bush haters draw any solid links between Bush and their accusations. So I'll just do what they do to compensate for substance, repeat it over and over! Someone is bound to believe it.

Bush is to blame for my prickly rash.

Bush is to blame for my prickly rash.

Bush is to blame for my prickly rash.

Bush is to blame for my prickly rash.

Bush is to blame for my prickly rash.

Bush is to blame for my prickly rash.

 

[KenGr]

DZIP:

Methinks you have overestimated the capacity of this forum for humor, satire and irony.

 

[konichiwa]

Originally posted by: tcsenter
Wait! There's hope yet! I got a bad case of prickly heat rash.

I'm sure Bush is to blame for that, some how. I can't quite draw any solid links between Bush and pricky heat rash, but neither can Bush haters draw any solid links between Bush and their accusations. So I'll just do what they do to compensate for substance, repeat it over and over! Someone is bound to believe it.

Bush is to blame for my prickly rash.

Bush is to blame for my prickly rash.

Bush is to blame for my prickly rash.

Bush is to blame for my prickly rash.

Bush is to blame for my prickly rash.

Bush is to blame for my prickly rash.

Seems Bush likes to use the same tactic. He was quoted as saying that the $500b+ tax cut he proposes will "create jobs" in America. If tax cuts create jobs, why did we lose more than 40,000 last month and have every month since Bush's first tax cut? Not to mention the fact that Clinton raised taxes and created over 20,000,000 jobs.

No, I don't believe everything that Bush does is bad, nor do I believe that everything Clinton did was good, however, I think Bush's feeble economic policy of "tax cut if there's war, tax cut if there's peace, tax cut if we're broke, tax cut if we're rich" is assinine.

 

[CADsortaGUY]

Originally posted by: konichiwa

Originally posted by: tcsenter
Wait! There's hope yet! I got a bad case of prickly heat rash.

I'm sure Bush is to blame for that, some how. I can't quite draw any solid links between Bush and pricky heat rash, but neither can Bush haters draw any solid links between Bush and their accusations. So I'll just do what they do to compensate for substance, repeat it over and over! Someone is bound to believe it.

Bush is to blame for my prickly rash.

Bush is to blame for my prickly rash.

Bush is to blame for my prickly rash.

Bush is to blame for my prickly rash.

Bush is to blame for my prickly rash.

Bush is to blame for my prickly rash.

Seems Bush likes to use the same tactic. He was quoted as saying that the $500b+ tax cut he proposes will "create jobs" in America. If tax cuts create jobs, why did we lose more than 40,000 last month and have every month since Bush's first tax cut? Not to mention the fact that Clinton raised taxes and created over 20,000,000 jobs.

No, I don't believe everything that Bush does is bad, nor do I believe that everything Clinton did was good, however, I think Bush's feeble economic policy of "tax cut if there's war, tax cut if there's peace, tax cut if we're broke, tax cut if we're rich" is assinine.

See tcsenter - see what you've gone and done? You've spread the rash

CkG

 

[konichiwa]

Have anything constructive to say, CkG?

Didn't think so.

 

[LunarRay]

Originally posted by: DZip
Here is one more thread for you to blame on Bush.

I started a new job last Thursday after being out of work for 51 weeks due to corporate irresponsibility.
I refinanced my mortgage to 5.25% last week.
Stock market continues to clime increasing the value of my portfolio.

Wait a miniute... these are good things, how can it be Bush's fault?

I hope it is not an ARM.
If the dollar continues to lose against all currencies the market will reflect this as foreign holders bail.
this will cause the economy to recess... don't put away your suit.
these are bad things... but, are Clinton's fault... and Taft and Wilson too

 

[burnedout]

I hope it is not an ARM.
If the dollar continues to lose against all currencies the market will reflect this as foreign holders bail.
this will cause the economy to recess... don't put away your suit.
these are bad things... but, are Clinton's fault... and Taft and Wilson too

I respectfully disagree. While the current concern is obviously over the inordinate exchange rate between the Euro and the U.S. Dollar, both the British Pound and Japanese Yen are considerably off their respective lows.

The last time continental European currency fell to such record lows was during the 1992-93 time frame, if I'm not mistaken. The Bundesbank was on their own interest rate kick. Back then, just as now, our rates were low. Shortly thereafter, we began a nice economic recovery.

No worries though. U.S. and European banks should intervene anyway. I feel for the European export sector if they don't.

After class, I'll debate this sub-topic more.

 

[LunarRay]

Originally posted by: burnedout

I hope it is not an ARM.
If the dollar continues to lose against all currencies the market will reflect this as foreign holders bail.
this will cause the economy to recess... don't put away your suit.
these are bad things... but, are Clinton's fault... and Taft and Wilson too

I respectfully disagree. While the current concern is obviously over the inordinate exchange rate between the Euro and the U.S. Dollar, both the British Pound and Japanese Yen are considerably off their respective lows.

The last time continental European currency fell to such record lows was during the 1992-93 time frame, if I'm not mistaken. The Bundesbank was on their own interest rate kick. Back then, just as now, our rates were low. Shortly thereafter, we began a nice economic recovery.

No worries though. U.S. and European banks should intervene anyway. I feel for the European export sector if they don't.

After class, I'll debate this sub-topic more.

The dollar v Euro is 1.19 today.. if it goes to 1.25 foreign investors in US market stock will almost be forced to abandon... especially the portfolios with built in move activators.
What the Sterling and Yen do is not important (as much) regarding this issue and the holders of US issues and moving commodities (oil) denominated in dollars... The EEO wants oil to move to the EURO and Snow seems not a bit worried at the moment. Should he be? Is something more important afoot?

 

[charrison]

Originally posted by: HJD1

Originally posted by: DZip
Here is one more thread for you to blame on Bush.

I started a new job last Thursday after being out of work for 51 weeks due to corporate irresponsibility.
I refinanced my mortgage to 5.25% last week.
Stock market continues to clime increasing the value of my portfolio.

Wait a miniute... these are good things, how can it be Bush's fault?

I hope it is not an ARM.
If the dollar continues to lose against all currencies the market will reflect this as foreign holders bail.
this will cause the economy to recess... don't put away your suit.
these are bad things... but, are Clinton's fault... and Taft and Wilson too

Considering that the US economy is growing and the EU is at no growth, I dont know where investors are going to flee.

 

[LunarRay]

Originally posted by: charrison

Originally posted by: HJD1

Originally posted by: DZip
Here is one more thread for you to blame on Bush.

I started a new job last Thursday after being out of work for 51 weeks due to corporate irresponsibility.
I refinanced my mortgage to 5.25% last week.
Stock market continues to clime increasing the value of my portfolio.

Wait a miniute... these are good things, how can it be Bush's fault?

I hope it is not an ARM.
If the dollar continues to lose against all currencies the market will reflect this as foreign holders bail.
this will cause the economy to recess... don't put away your suit.
these are bad things... but, are Clinton's fault... and Taft and Wilson too

Considering that the US economy is growing and the EU is at no growth, I dont know where investors are going to flee.

That is why I said what I said.... consider; person buy's a share of Pepsi co at 32$ translated to 32Euro... today the stock is 32$ translated to say 27 Euro. They lost 5 euro on the share. The market is vasilating and the european markets demominated in euro puts translation gain or loss (fsas 52 or fasb can't remember) off the balance sheet. We will see what out Treasury Sec has to say... I can't find anything yet... but, do know there were some comments he made today or yesterday... he had to say something about allowing the dollar to fall this far.

 

[LunarRay]

I found this if it is helpfull

pullout

this sorta support my contention... not completly though

In the most dramatic slide in the dollar, between 1985 and 1987, the greenback fell 54 per cent against the deutschmark. HSBC is now forecasting that the euro will rise to $1.35 by the end of next year.


Martin Wolfe: A fine line

Today's worry is deflation. But it is unlikely to stay there for ever. Ultimately, efforts to ward off post-bubble deflation risk creating its opposite.
Go there

Many had feared that such a sharp fall in the dollar would lead to an exodus of international investors from US markets, pushing up interest rates and undermining the monetary easing of the Federal Reserve. But, although the international appeal of US markets has diminished, there are few signs of fund managers selling US assets.

"The US is having its cake and eating it at the moment," said Marc Chandler, a currency strategist at HSBC. "It is getting the benefits of a depreciating currency without upward pressure on interest rates."

The yield on a 10-year Treasury bond has fallen from about 3.8 per cent at the start of the year to 3.3 per cent.

well I still cant find anything from Snow.