Obama - the obsession

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theeedude

Lifer
Feb 5, 2006
35,787
6,197
126
Can't argue with that.... especially since you ignored everything I wrote about the Fed and the QE money the banks are sitting on.

So there is no inflation, but someone somewhere is sitting on money, therefore Obama ruined America? OK, got it.
 

fskimospy

Elite Member
Mar 10, 2006
87,627
54,579
136
Can't argue with that.... especially since you ignored everything I wrote about the Fed and the QE money the banks are sitting on.

You aren't describing inflation.

I don't see why it is so hard for conservatives to admit they were wrong about inflation.
 

theeedude

Lifer
Feb 5, 2006
35,787
6,197
126
You aren't describing inflation.

I don't see why it is so hard for conservatives to admit they were wrong about inflation.

They have been wrong about trickle down for over 30 years. They've been only wrong about inflation for 6.
 

FerrelGeek

Diamond Member
Jan 22, 2009
4,669
266
126
Has anyone made a movie about assassinating Obama yet? Not that I want one, mind you; just genuinely curious.
 

squarecut1

Platinum Member
Nov 1, 2013
2,230
5
46
Has anyone made a movie about assassinating Obama yet? Not that I want one, mind you; just genuinely curious.

Not fiction as in movie. But reality. Here is an analyst from a prominent conservative think tank.

A senior policy analyst from an immigration-restrictionist think tank wants to see President Barack Obama not just impeached, but publicly executed, he told a sympathetic audience last week. During a talk at a Tea Party organization in Sebring, Florida, Center for Immigration Studies (CIS) analyst Stephen Steinlight said that Obama’s supposed executive overreach couldn’t be reined in by a lawsuit and that “being hung, drawn, and quartered is probably too good for him,” Imagine 2050 first reported.

Link
 

Texashiker

Lifer
Dec 18, 2010
18,811
198
106
Either from loans or scholarships Harvard elected to give him in order to entice him to attend. No handouts either way.

Scholarship is a form of handout.

Didn't obama have his college records sealed? It would be nice to know if he had to pay his own way through harvard.

If he got a scholarship, where do I sign up for that handout?
 
Nov 25, 2013
32,083
11,718
136
Look at the amount of income inequality we have. Take apple, their offices are here, but their production is in china.

The US is well on its way to becoming a ruined nation. We have a record amount of people on welfare, while at the same time we have a record amount of income inequality.




Obama is a liar. He makes promises his ass can not deliver. I am still waiting on my health insurance that cost as much as a cell phone bill.

Jobs? If obama wanted to turn the economy around end free trade with china.

How much do we "really" know about obama? He was born in Hawaii and raised in various nations. How much time did he spend here in the states?

What life experiences does he share with the people he represents?

So, you've decided to go full on 'freeper' crazy?

Good for you, let the total inner jackass out for all to see. You'll feel much better for it.
 

Spungo

Diamond Member
Jul 22, 2012
3,217
2
81
So that's how Obama ruined America? Asset P/Es are high? OK. I guess I can live with that.
Who is forcing you to buy at these levels?
I am making $60K more now than when Obama took over.
I'm forced to buy stocks and bonds because that's part of the company pension. Thankfully I'm not forced to invest all of my other savings.
The problem is that there's virtually nothing good to invest in. Stocks? They're extremely overpriced. Bonds are extremely overpriced as well. If you lend money to the government for 10 years, you'll only get 2.23% interest on it. Real estate is overpriced. Everything is too damn expensive. This stuff isn't Obama's fault since he's not the one printing money.


No I won't get back to you on it. The numbers speak for themselves.
You're dodging the question because you know you're wrong. I've posted multiple links in multiple threads trying to show you that old people mostly invest in fixed income, and you ignore it every time. I ask you a very simple question: if old people are not buying bonds, what are they buying, and do you have any evidence supporting this. Instead of just googling it, you insist that old people do not derive most of their income from bonds. You don't need to show any evidence of your claim. You just know it's true because it feels true somehow.


Wrong. Economists say low inflation is a good thing, because it obviously is. The empirical research for this is so utterly overwhelming that it's not even really talked about anymore. It's simply a fact. That's different than what you have been arguing here, that people losing their ability to buy other things is a good thing.
D:
Do you understand the concept of scarcity? If I buy new clothes today, it means I can't buy a new computer tomorrow. If I'm spending more on food, it means I have ____ money to spend on everything else. Fill in the blank.

Here's a chart of median incomes.

Median_US_household_income.png


Notice how incomes have been dropping since 2000. Meanwhile, the cost of everything has gone (up)/(down). (circle one).

Now let's put all of this together. If wages are falling while the cost of living is rising, what does that do to disposable income and the savings rate? It should _____.

Which means retirement is (easier)/(harder). (circle one).

And therefore everybody at the fed should be (praised)/(hung from a tree). (circle one).
 

theeedude

Lifer
Feb 5, 2006
35,787
6,197
126
I'm forced to buy stocks and bonds because that's part of the company pension. Thankfully I'm not forced to invest all of my other savings.
The problem is that there's virtually nothing good to invest in. Stocks? They're extremely overpriced. Bonds are extremely overpriced as well. If you lend money to the government for 10 years, you'll only get 2.23% interest on it. Real estate is overpriced. Everything is too damn expensive. This stuff isn't Obama's fault since he's not the one printing money.



You're dodging the question because you know you're wrong. I've posted multiple links in multiple threads trying to show you that old people mostly invest in fixed income, and you ignore it every time. I ask you a very simple question: if old people are not buying bonds, what are they buying, and do you have any evidence supporting this. Instead of just googling it, you insist that old people do not derive most of their income from bonds. You don't need to show any evidence of your claim. You just know it's true because it feels true somehow.



D:
Do you understand the concept of scarcity? If I buy new clothes today, it means I can't buy a new computer tomorrow. If I'm spending more on food, it means I have ____ money to spend on everything else. Fill in the blank.

Here's a chart of median incomes.

Median_US_household_income.png


Notice how incomes have been dropping since 2000. Meanwhile, the cost of everything has gone (up)/(down). (circle one).

Now let's put all of this together. If wages are falling while the cost of living is rising, what does that do to disposable income and the savings rate? It should _____.

Which means retirement is (easier)/(harder). (circle one).

And therefore everybody at the fed should be (praised)/(hung from a tree). (circle one).

If stock market being too high is your main problem, electing GOP is a good solution, no doubt :D They know how to bring the markets to attractive valuations ;)
 

schmuckley

Platinum Member
Aug 18, 2011
2,335
1
0
The irony is that Obama is more one of us than the Bushes or Kennedys and so on. He comes from a rather humble background compared to all these families.

Where he isn't one of "us" is his racial background. Hence how Republicans strongly used to emphasize his middle name during election speeches in the 08 campaign, making sure everyone hears the name Hussein loud and clear to emphasize his otherness. I already mentioned my cousin's colleague saying White House should be renamed to Black House.

But ultimately you are right. It doesn't matter whether the President is the son of a billionaire or bus driver. The two parties are corrupt and have a vested interest in the status quo.

http://www.youtube.com/watch?v=y5CsrTMZAhA

Therein lies the problem.

The solution is simple:Make "Lobbying" aka bribery punishable by imprisonment.

Simple to implement? No.
 

Engineer

Elite Member
Oct 9, 1999
39,230
701
126
Obama gone ruined the economy:
stocks-Reagan-Obama.png

So Obama has greatly helped the top 1% (and really helped the top .1 and top .01%) - based on your graph because the vast majority (super majority) of those gains have went to those people.
 

LegendKiller

Lifer
Mar 5, 2001
18,256
68
86
LOL, you don't get it.

1. If Obama "ruined" America, his entry into the White House would not be the low point of the market.

2. Adjusted for inflation.

1. I never said he ruined it, I just said that your chart was moronic.

2. Tell me how #2 addresses my #2? I look forward to laughing my ass off.
 

fskimospy

Elite Member
Mar 10, 2006
87,627
54,579
136
Scholarship is a form of handout.

Didn't obama have his college records sealed? It would be nice to know if he had to pay his own way through harvard.

If he got a scholarship, where do I sign up for that handout?

Lol handouts.

Like I said, jealousy is an ugly thing. He's just better in the free market than you are. Man up and accept it.
 

LegendKiller

Lifer
Mar 5, 2001
18,256
68
86
Fed is factored in by adjusting for inflation.

It is? How?

How, specifically, does inflation account for the fact that trillions in assets that would have otherwise been bought by money managers have been sucked out of the fixed income markets. As a result of higher demand interest rates have dropped from both benchmark rates *AND* risk spread compression. As a result of both of those companies have been able to lever up and refinance at cheaper rates driving share buybacks (Apple is a perfect example) which increases EPS and thus stock valuations?

Hint: You are a fucking joke and have no idea how finance works.