OBAMA: Makes all-time high stocks, but what about the middle-class?

[ElFenix]

I'm still waiting for some kind of argument, conversation, debate topic, etc...

What did Obama do to help the middle class? or since you're already blaming Bush and The Republicans - what are they preventing him from doing that he adamently wants to do? Funny, the only thing I see him adamantly speaking about that the Republicans refuse is related to guns. Better go find some more child victims in an effort to try and guilt people to vote a certain way

who was blaming bush at this point in the thread?

 

[Attic]

"You will never understand bureaucracies until you understand that for bureaucrats procedure is everything and outcomes are nothing." -Sowell

 

[werepossum]

This is the problem with the left in a nutshell. You guys believe any time government does something, whether positive or negative, it's an accomplishment.

Umm...if you oppose something why would it be an accomplishment in your eyes? Are we supposed to judge ones successes through the eyes of their foes?

When did you become retarded? Serious question.

Its not your fault. He clearly has never heard of a dictionary. An accomplishment is the successful completion of a task. In this since, the successful implementation of a policy.

As I said. The left believes that any time government does something, whether positive or negative, it's an accomplishment.

You guys must have some very amusing job interviews.

"Your resume says you designed the F2000. Isn't that the model that caused seven class action lawsuits and bankrupted the company?"

"Yes. It's my greatest accomplishment!"

 

[Incorruptible]

As I said. The left believes that any time government does something, whether positive or negative, it's an accomplishment.

You guys must have some very amusing job interviews.

"Your resume says you designed the F2000. Isn't that the model that caused seven class action lawsuits and bankrupted the company?"

"Yes. It's my greatest accomplishment!"

They are very idiotic. They just can't accept that they have failed.

 

[shadow9d9]

154 Executive Orders

Super Majority first 2 years.

Never had a supermajority at all, let alone 2 years... you can't include the guy that was kicked out of the party and single handedly destroyed the public option as a democrat for the supermajority.. lol... and you can't include the guy who was dying and then shortly after dead!

 

[shadow9d9]

Should the government take from the rich and give it to the poor?

I rather that than the last 30 years of doing the opposite...

 

[Incorruptible]

I rather that than the last 30 years of doing the opposite...

Alright we have now confirmed that you are an idiot. The rich didn't steal from the poor and you think it's alright to steal from the rich.

I work hard for my money and if you ever said that to my face I would have to school you on the subject and then tell you to Fuck off.

 

[Matt1970]

I rather that than the last 30 years of doing the opposite...

Exactly how do the rich take from the poor?

 

[woolfe9998]

As I said. The left believes that any time government does something, whether positive or negative, it's an accomplishment.

You guys must have some very amusing job interviews.

"Your resume says you designed the F2000. Isn't that the model that caused seven class action lawsuits and bankrupted the company?"

"Yes. It's my greatest accomplishment!"

No, I don't think lefties count everything government does as an accomplishment. The reason a list is supplied is that the allegation is sometimes made that Obama has sat in office and done little or nothing. That is certainly not true. He's done plenty. It remains debatable, of course, whether a given person agrees with what he has done.

 

[Jhhnn]

Alright we have now confirmed that you are an idiot. The rich didn't steal from the poor and you think it's alright to steal from the rich.

I work hard for my money and if you ever said that to my face I would have to school you on the subject and then tell you to Fuck off.

Heh. Inconsequential lameness, as usual.

The rich don't "steal" from the poor, they just own & operate all the things that everybody needs. Rent, energy, communications, pharmaceuticals, food & even credit. They also control corporate employment opportunities.

It's nothing personal, of course, but the objective of paying as little as possible, charging as much as possible, and collecting as much interest as possible has put all too many Americans living hand to mouth.

http://www.salon.com/2013/05/30/half_of_americans_living_below_or_near_poverty_line_partner/

It's the kind of thing that happens when the top 1% share of income basically doubles in 30 years... with most of that concentrated in the top .1%.

 

[Incorruptible]

Heh. Inconsequential lameness, as usual.

The rich don't "steal" from the poor, they just own & operate all the things that everybody needs. Rent, energy, communications, pharmaceuticals, food & even credit. They also control corporate employment opportunities.

It's nothing personal, of course, but the objective of paying as little as possible, charging as much as possible, and collecting as much interest as possible has put all too many Americans living hand to mouth.

http://www.salon.com/2013/05/30/half_of_americans_living_below_or_near_poverty_line_partner/

It's the kind of thing that happens when the top 1% share of income basically doubles in 30 years... with most of that concentrated in the top .1%.

Resorting to insults, as usual.

So you blame all of it on corporations and what about the people who don't have the right priorities? Many of the people in so called poverty are able to afford a tv, smart-phone, car and other things. The problem is they don't prioritize the spending.

If we had Capitalism we would be better off but morons insist on socialism though.

 

[Jhhnn]

Resorting to insults, as usual.

So you blame all of it on corporations and what about the people who don't have the right priorities? Many of the people in so called poverty are able to afford a tv, smart-phone, car and other things. The problem is they don't prioritize the spending.

If we had Capitalism we would be better off but morons insist on socialism though.

Heh.Yeh, that's why half the population is classified as poor or near poor, unlike 30 years ago, when people obviously made better choices. Well, at least in the alternate pseudo reality of the utterly indoctrinated right wing o sphere.

The idea that they don't have nearly as many good choices today is something you'll deny with your dying breath, obviously.

 

[bradley]

President Obama had nothing to do with all-time stock market highs. The FED and LIBOR printing money and artificially setting interest rates low has forced the middle-class into risky speculative investments. It gives the illusion that the economy is improving and starts feeding into itself, except only the wealthiest are shielded from the risk.

 

[BlueWolf47]

President Obama had nothing to do with all-time stock market highs. The FED and LIBOR printing money and artificially setting interest rates low has forced the middle-class into risky speculative investments. It gives the illusion that the economy is improving and starts feeding into itself, except only the wealthiest are shielded from the risk.

This has already been pointed out. But no one is forcing the middle class into risk investments. If you want a safe return just find a utility company that is fairly stable and pays 5% annually in dividends.

 

[bradley]

The biggest crime of this century cannot be emphasized enough.

Though by using the word "forced," it's in the same way that babies are attracted to shiny objects. And the stock market is the shiniest investment (and easiest sell) of them all. Meanwhile the house wins every time.

 

[BlueWolf47]

The biggest crime of this century cannot be emphasized enough.

Though by using the word "forced," it's in the same way that babies are attracted to shiny objects. And the stock market is the shiniest investment (and easiest sell) of them all. Meanwhile the house wins every time.

The market is definitely rigged in some ways and those investing with out any knowledge or experience will probably lose some or all of their investment. But, there are still ways for even the layman to invest and limit their risk.

 

[Matt1970]

Heh. Inconsequential lameness, as usual.

The rich don't "steal" from the poor, they just own & operate all the things that everybody needs. Rent, energy, communications, pharmaceuticals, food & even credit. They also control corporate employment opportunities.

It's nothing personal, of course, but the objective of paying as little as possible, charging as much as possible, and collecting as much interest as possible has put all too many Americans living hand to mouth.

http://www.salon.com/2013/05/30/half_of_americans_living_below_or_near_poverty_line_partner/

It's the kind of thing that happens when the top 1% share of income basically doubles in 30 years... with most of that concentrated in the top .1%.

 

[s0me0nesmind1]

President Obama had nothing to do with all-time stock market highs. The FED and LIBOR printing money and artificially setting interest rates low has forced the middle-class into risky speculative investments. It gives the illusion that the economy is improving and starts feeding into itself, except only the wealthiest are shielded from the risk.

O RLY? When Obama Care passed and started being implemented - did it have an affect on stocks?
When he passes any bills/mandates in regards to oil/gas industry - did it have an affect on stocks?

When Obama appoints the man that mandates the FED....does he have an affect on stocks?

Although the overall affect of this *ATTEMPTED* recovery is overall in the hands of the FED - Obama is what turns the neck of the figurehead. Anyone who disagree's is fooling themselves.

So we are 4 pages in and I have yet to hear anything. How is Obama going to help the middle class? Please for the love of god give at least 1 valid argument of a fight he is making to extend the middle class instead of shrink it.
Forcing people to pay a tax on healthcare, isn't one of them.
Worrying about security laws isn't one of them.
Trying to enact gun laws isn't one of them.
Immigration reform isn't one of them (at this point in time, at least).

 

[StrangerGuy]

They do own 80 percent of the wealth...

Millions would kill anything for a $1M/mth income with a 80% tax.

 

[s0me0nesmind1]

Millions would kill anything for a $1M/mth income with a 80% tax.

... $200k in places like California would be just right around the 50% mark, it's not as amazing as you make it out to be....

 

[werepossum]

No, I don't think lefties count everything government does as an accomplishment. The reason a list is supplied is that the allegation is sometimes made that Obama has sat in office and done little or nothing. That is certainly not true. He's done plenty. It remains debatable, of course, whether a given person agrees with what he has done.

That I agree with. However, my point was that the left feels that anything government does, and contrary to your assertion at least two lefties here affirmed my belief.

President Obama had nothing to do with all-time stock market highs. The FED and LIBOR printing money and artificially setting interest rates low has forced the middle-class into risky speculative investments. It gives the illusion that the economy is improving and starts feeding into itself, except only the wealthiest are shielded from the risk.

I don't think that's completely fair. Obama has established a certain stability. Had he gone all Saul Alinsky far left activist (as many of us feared he would) the stock market would not be at or near all-time highs. People would be investing (if at all) off-shore.

When all is said and done, projecting stability - the sense that the rules are not going to suddenly change while one's money is invested - is probably as important as a President's policies. The stock market is all about perception, and smart people can make money under most policies as long as they know the rules.

 

[fskimospy]

... $200k in places like California would be just right around the 50% mark, it's not as amazing as you make it out to be....

Not only does his post say $1M/month and not $1M a year, but $200k in California is nowhere near the 50% mark, assuming you meant it was about average income. Median yearly income in California last year was about $58k.

 

[Incorruptible]

That's probably the best way to respond to his posts. He sure does whine a lot.

 

[ivwshane]

O RLY? When Obama Care passed and started being implemented - did it have an affect on stocks?
When he passes any bills/mandates in regards to oil/gas industry - did it have an affect on stocks?

When Obama appoints the man that mandates the FED....does he have an affect on stocks?

Although the overall affect of this *ATTEMPTED* recovery is overall in the hands of the FED - Obama is what turns the neck of the figurehead. Anyone who disagree's is fooling themselves.

So we are 4 pages in and I have yet to hear anything. How is Obama going to help the middle class? Please for the love of god give at least 1 valid argument of a fight he is making to extend the middle class instead of shrink it.
Forcing people to pay a tax on healthcare, isn't one of them.
Worrying about security laws isn't one of them.
Trying to enact gun laws isn't one of them.
Immigration reform isn't one of them (at this point in time, at least).

What information do you want? Do you want what he would like to do or do you want what he can do with the current congress? For the former, he's been trying to get a jobs bill passed for several years now that would have employed a minimum of about 600k people and a max of about 1.3 million. He helped home owners refinance (through HAMP) their under water homes to take advantage of lower interest rates (that personally saved me about $400 a month). He has been trying to reform student loans by bringing down their long term costs to students. He has pushed the VA to update their computer systems to be more efficient, something that should have been done years ago.

Those are just a few of the things off the top of my head without doing any research.

Are you aware of any other person or party who is doing more than he is for the middle class?

 

[Jhhnn]

You didn't say it wasn't true, just that you didn't like it, which I'll chalk up to the usual- Denial.

Project the income trends of the last 30 years another 30 years into the future, tell us what you see, other than oligarchy.