Posts Tagged ‘republicans’

PostHeaderIcon 1.2 Trillion dollars that was lost on wall street today, who will pay for that?

I think all of of us!

Respectfully…who cares?

It's only worthless money, anyway. for those who insist on believing in our currency, convert your investments to T-bills, bonds, and cash accounts.

Liquidity is good…

Let the bad businesses fail.

edit: excellent points, kozzmO, thank you.

We as American's are all paying in some way or another, even if you don't own stock or have a 401K

We lost a trillion dollars of imaginary wealth today to scare people into allowing downright extortion — Bush's last great heist. Stay strong, people! Keep your elected representative saying no way, no how, to corporate and cartel extortion. you all gave in to Drill Drill Drill, don't fold on this one America.

Ah well, we had a chance to pass the bailout bill and both Republicans and Democrats voted no.

Every last one of us. my fiance and I don't have any Credit Cards or Mortgages, we work hard for the money we do make just to give it right away we will never be able to afford a house I'm now 35 weeks pregnant and screwed!

If you lived in a small town with a rich person who lived in a mansion at the end of town, and suddenly that rich person lost his fortune and went broke, would you pretend to be even broker just because they used to be rich?

That 1.2 trillion wasn't lost, it simply ceased to exist because of investors who panic and sell their holdings making its value plummet. The money was ultimately lost by the people owning the companies, not you. Unless you had stock in them.

That reduces the overall "wealth" of the American economy somewhat but that doesn't affect anybody directly except as it reduces or restricts credit and cash flow. which the Federal Reserve has already taken steps to counter by increasing the money supply and the amount of short-term loans available to banks. It is the standard approach to devaluation and the Fed should have done it a while ago, instead of badgering congress to waste money on making it disappear.

As for bad mortgages, show me the mortgage that isn't backed by the house that's mortgaged. It's not just that the mortgages went bad, it's that real estate was overvalued, so that when the mortgages were defaulted the mortgaged properties were too cheap for the holders to get their money back. It happened not because of subprime mortgages, but because there were way too many of them. no lender has any excuse for that. The banks are out the money, and that's that.

It remains to be seen whether other Americans will notice that they, in fact, are NOT broke, only that part of Wall Street is. Will people be sensible, or will they act like Gilligan waiting on Mr. Howell hand and foot just 'cause he's supposed to be rich?

The idea behind the panic is that the failure of finance corporations will cause credit to freeze up. Last time I checked, loans started with the Federal Reserve which is lending at 2 percent cheap. If the good banks are still scared to lend, then the Fed will just make it even cheaper. Not an inflation risk until money actually starts flowing again.

<response to additional details> according to the Federal Reserve's latest estimates, the total "wealth" of the United States is just over 55 trillion dollars. 1.2 trillion is a couple percent of that. It wasn't everybody's money. my money wasn't in those stocks.

Normally, a devaluation and reduction of the money supply like this should cause deflation making my cash holdings worth more, the government seems desperate to avoid this though.

Key word here, LOST. no one pays for that, it's gone

they should have spent the 700 billion, now we are down 1.2 trillion. by thursday they will be kicking themselves for not listening to Bush instead of that yelping wretch Pelosi.

I know my 401K is in the crapper right now.

cindy mccain is good for it

rich people and wall street lost that money because of their ' recklessness ' as they put it. serves them right.

You think right.

1.2 Trillion dollars that was lost on wall street today, who will pay for that?

PostHeaderIcon What do you think about Warren Buffet endorsing Obama?

The world's richest man, Warren Buffet and best investor has endorsed Barack Obama.

Republicans who value of free market economics should have a great deal of respect for Warren Buffet's opinion. he has made his wealth making predictions about good investments. I guess he thinks Barack Obama would be a good investment for our county.

Thanks to iowagner

No he doesn't think Obama would be a good investment, he never said or implied that

Many of us that value a free market and making a living in the free market and even those of us in the securities market do not necessarily have "a great deal of respect for Buffetts opinion".
He shunned the street, and many of those that worked on it, there is not as much respect as you think

Obama is also endorsed by many of the leaders of some terrorist nations, what does this mean.

He's endorsed by many that hate America and Americans, what does this mean

Who knows what lurks in the hearts of evil men. only the shadow knows. he has a plan.

Warren Buffet is no fun but Jimmy Buffet sang "Margaritaville" and he always tickles Elmo. Warren just keeps stacking up his money and sits behind his big desk. Elmo is a Parrothead! Hey, lets go to Key West this summer?

Warren Buffet has been successful in business, but he has always had socialist views. I resepect his good decisions, but I disagree with him politically in every way, and always have. Wealthy does not always mean republican idol any more than ignorant always means democrat.

Didn't he found Family Home Town Buffet?

All you can eat for $9.95, I love that place.

I'll bet he's a great cook.

Does Warren Buffet know which army liberated Auschwitz concentration camp?

As blue blood as any Republican. good to see Dems realizing that being successful without government assistance is an admirable thing.

Yes. we have come a LONG way since the early days of Ronald Reagan.

Even Dems sound Republican!

I feel the same way as when Obama receives any endorsement; I'm elated and he continues to win.

Thanks for the great post.

Obama 2008!

I think it means that he believes that Obama will be very good for not levying taxes on the wealthy- just like an olde skool republican

OR he thinks Obama would be easy to manipulate and control. ALOT of powerful ppl will support the man who can be their puppet you know.

The world's richest man gave away his fortune to those in need so I'd say he's a great judge of character.

Obama/Clinton '08

Again some famous dude trying to influence the elections! I really wish celebs would keep who they support private. Too many make up there minds on who supports who and not the issues!

Well since Warren Buffett has no political credibility then it means nothing. Sure he's famous but so is Paris Hilton and I wounldn't take her advice.

Just goes to show ya! Oh the company he keeps. who cares what Warren Buffet thinks. I just mean I will still vote for Hillary, regardless of who the nominee is.

You can pick your nose, but you cant pick your endorsers. He's got so much money, maybe he feels bad about the rest of the republicans shafting us for the last 8 years

Buffett's just jealous that Betsy Ross dumped him for John McCain.

I wish Mr.buffet could endorse me.

Midin stole the words right out of my mouth…er, fingers.

What do you think about Warren Buffet endorsing Obama?

PostHeaderIcon What do you think about Warren Buffet endorsing Barack Obama?

The world's richest man, Warren Buffet and best investor just endorsed Barack Obama.

Republicans who value of free market economics should have a great deal of respect for Warren Buffet's opinion. he has made his wealth making predictions about good investments. I guess he thinks Barack Obama would be a good investment for our county.

So what do you think about this development?

http://news.yahoo.com/s/afp/20080519/ts_…

"AMERICA DESPERATELY NEEDS OUR HELP"
It's hard to believe what I'm seeing.Our Nation is a sinking ship because of Bush and his Republican buddy's.Are we so racist and filled with hate that we can't even see whats in front of our faces?Our economy is crashing and our debt to China and Japan is so high that we're almost to the point of being owned.we need to pray they don't suddenly cash in those treasury bonds.McCain knows Nothing about fixing the economy.Earlier this year he said the Government shouldn't get involved.That's the same as saying "That's your Problem,not Mine"! People gripe about Clinton but when he was in office he got us out of debt.in fact when he left office we had a surplus of money.There's also a good reason why the delegates are getting behind Obama.he truly understands the economy.I don't care who the Democratic party runs in November.I'm voting the ticket.how much longer until we're All standing in soup lines? if ANY Of you truly care about this Nation why would you even consider voting for McCain?Does our hate really run so deep that we're willing to help destroy us? A vote for McCain is a vote against America.

Who Warren Buffet endorses has no influence over my decisions.

did oprah pay him to say that?

Warren Buffet is one of the wealthy that controls government. His endorsement is more than enough reason for me to know Obama is NOT the guy I want to vote for.

It's like mr. Burns telling you to vote for Smithers.

Can't hurt. its not an endorsement I saw coming.

Obama 2008

He understands that McCain would be a VERY BAD Investment for our country. Obama gives the country the best chance of recovering from Bush's horrid screw ups.

Buffet's endorsement means exactly the same to me as silk pony's endorsement, nothing.

Of course he endorsed him it goes along with his plan the rich get richer!

Just because you're smart doesn't mean that you can't make a stupid mistake.

if oboma were a stock i still wouldnt buy any

Warren Buffet has lost his mind. he wants attention , whereas, nobody really cares about his monetary wealth, except his heirs and the attorneys who will be fighting for their share upon his demise. His endorsement of the closet Muslim , Baracka Hussein Obama,Jr., confirms the suspicion Buffet has lost his sanity. Buffet could become enlightened by clicking on to ; http://barackobamacandidate.org/ and then making an informed and intelligent decision.

i think more about my itchy rear crack.

I think Warren Buffet has some sort of financial interests in his candidacy.

Buffett is rich, only in the eyes of the naive or immature is he considered the best investor. in reality and by industry standards he is not the best investor there are so many others with better credentials than Buffett. if anything the man is a hypocrite.

Why should the Republican respect Buffett's opinion when many times he has been proven wrong. just because he has made money in the investment business, does not mean he has a great economic mind, nor should his political opinion count any more than some one elses.

Economics and Obama do not go together, and Obama has proven himself that he is not a good investment for American democracy.

The point is buffet is a forgiving person and gives a lot to charity. he seems to care about the world and doesn't mind paying taxes. Also he realizes that Barack is the best candidate financially to be president. I think that Warren knows better than anyone else who is the best candidate is financially.

I think he's disoriented.

What do you think about Warren Buffet endorsing Barack Obama?

PostHeaderIcon The New Politics and Why Both Parties Are Failing Us – The System is Falling Apart

It always amazes me that republicans think all they have to do is spout the usual rhetoric anout God and Country along with tax cuts, to have people move to their aid and vote for them. it is a new world out there and Republicans have to step forward and really explain things to people about what they stand for and why. they have to show in diagrams and pictures the way democrats are doing things, and why that is bad. Lay it out for people who only have an hour at night to look at the news shows that are filled with tripe and stories about Hollywood celebrities. the garbage they peddle calling it news, is an outrage to people who want to understand why Washington is so corrupt. Don’t we have anymore Woodward and Bernstein reporters anymore? are the reporters not doing their jobs anymore, or just kissing behinds, afraid they won’t be invited to the White House Christmas Party? they see the vindictive nature of the Obama staff towards anyone who crosses them. are they that afraid? Why are they even there.? Why do we have to depend on only one network, Fox, to gain the information we need to make judgments about what is really going on.

The Republicans have to take a page out of Glenn Becks book and put it up there on a blackboard and connect the dots. show the political connections between the people who are funding all these projects, and each groups connections to each other. For instance: who is George Soros and what does he stand for? What organizations does he fund and what is their purpose? What is the Tides Foundation and what does it do.? who wrote the Health Care bill and where did it start from.? What is behind Cloward and Pivens Theory to destroy our government from within.? Saul Ailinsky wrote about ” Rules for Radicals ” on how to infiltrate and manipulate government for your own ends. they plan to tear down our capitalist republic and substitute a socialist government that controls every facet of our lives. they will tell you where you can work, and how much you will earn, and what kind of a house you can live in, and where. they of course will be at the top with tentacles reaching into all our lives.

This is an article about George Soros by David Lew on Commodity online.

(A day after Commodity Online published a commentary on George Soros and IMF gold, I have been flooded with e-mails, supporting and abusing Soros, gold reserves, the great historical value of gold and how the rich are cheating the poor on the alter of the yellow metal. Gold is a great asset into which investors are piling their money these days. Investors include our renowned names like George Soros, Jim Rogers, Jim Sinclair etc. they are, indeed, right in pouring money into gold, for gold is the real wealth on which central banks across the world are assessing their countries’ monetary stability. do you wonder that the man principally interested in creating the NEW WORLD ORDER is shifting all the money he can into the possession and ownership of the gold bullion itself, and not just the paper ownership but the actual gold itself.)

They are trying to collapse our American financial system so they can take it over and form a new world government with them at the top. Remember the old saying: he who has the gold,Rules.? Most of the elite of the world and those limousine liberals in the democratic party don’t give a damn about the poor or disenfranchised or the middle class either. All they all want, is to be on the inside when this all happens. they want to be included into the ruling strata of privilege and power. they plan to reduce the human population of the earth by at least 4 Billion people. the poorest of the poor and the infirm and disabled will find themselves being denied services and medical treatment. I realize that I sound like one of these fanatical doomsday people running around telling everyone the world is ending. this world is not ending yet, but the political system we call America, may well be heading for a takeover, by the people that have tried for ages to bring forth a NEW WORLD ORDER. the family dynasties who have held financial power over the governments of the world, through centuries of wars and takeovers are heading to bring the order to fruition now. Read up on the history of the Gore Family and their political ambitions. Read about all the ruling families and their relatives placed all the way through the ruling dynasties of Europe throughout history. Kings, Queens, political leaders all related. they are still there with different names ready to take control.

If you want some interesting reading, look up the history of those people that this President has all around his administration. it may sound like a communist convention or an association of socialist dignitaries but keep on looking. it goes to a group being called the Progressive’s, or the progressive party. Please take a few hours out of your life to reach into the internet and you will find all the information you need to either prove or disprove everything I have said. look at the life and Presidency of Woodrow Wilson. he was the most bigoted person ever to hold high office in the history of the country. he hated black people and Hispanics and especially Jews. he was the man who segregated the services. up until his election they were non segregated and blacks were in public offices all through government. Now they are trying to put restrictions on peoples access to the internet with their new rules and regulations calling for their ” fairness of information ” act. they want to call it a public utility and regulate it like the phone company or the utilities. that way they can regulate it and impose all kinds of rules to stifle criticism of themselves. they are trying to stifle any criticism of Obama and his administration. they have been very busy since he took office, aiming at destroying our financial system. Dictatorship is within easy reach when rebuilding from a world wide disaster caused when our financial system collapses from unsustainable debts. Remember what they said about ” Never let a crisis go to waste”. they are trying their best to collapse our financial system with programs and debts that are not sustainable. when other nations like China refuse to buy anymore of our debts, it is over. then what do we do? who do we turn to next, to carry the debt for a disaster in the making.?

The move to bring the Guantanamo prisoners to New York for trial is nothing more than a diversion to take America’s attention away from what they are really doing. then it was the health care bill that took everyone’s attention. and now it is the Arizona law that keeps peoples attention away from what the administration is doing, Stripping away our freedoms one by one, then piling debt upon debt, with other programs to collapse our financial system. Now it is the oil spill that diverts the peoples attention away from what is going on behind the scenes to cripple our laws and gain even more power for themselves. they want government to do everything for everybody, and be big daddy to everyone. Now they want another $50 Billion to bail out the teachers unions and other select unions from layoffs. First they always say they will have to lay off Cops and firemen to scare people but in reality they are the last to be laid off. the only employment figures going up, are the jobs being created inside government. with this health care bill passed it will bankrupt America and send us within a downward spiral into socialism. All the players are already in place all around our President. Take a good long look at the people he has surrounded himself with since he arrived in Washington. I have never seen so many socialists, and communists, along with Marxists, in one place outside of the USSR. Please prove me wrong. Check the backgrounds of all his appointees and constant visitors at the White House. Among them you will find many criminals that have done time in prison as well as many that should have. Our esteemed congressional personnel and Senators should be charged with crimes if they didn’t cover each other so well. the ethics committees of both houses are fast asleep, or don’t know how to do their jobs. it always seems to be the democrats that are involved in these scandals.

Remember the house banking scandal of the 90s, and the Post Office scandal, that a few went to jail for? Once they ( democrats ) gain power with majorities, they seem to go crazy and try the most outrageous schemes to enrich themselves you have ever seen. some don’t pay their taxes or ” forget ” like Charlie Rangel and many others. it apparently does not occur to them that they will be caught. the democrats have always made sure we had plenty of poor people by increasing the welfare rolls and confusing the programs to keep them from finding work and making themselves independent of government. You would think they would provide small businesses with help so they could create more jobs and help them that way. All they seem to know how to do is raise taxes. Now we have outright communism, socialism by the “Share the Wealth” philosophy of Obama and his new world order. the way he planned to change America seems to have a different meaning when you look at it another way. People are finally getting wise to him, saying one thing, and doing another. he has broken every promise he made to the American people. where is the openness and public discussion of every bill and program placed before the congress and senate they promised us. the placing of every bill on the internet for everyone to see. What ever happened to C-Span discussions. the lobbyists have increased in number and everything is done behind closed doors. Bills passed at night with earmarks and all kind of crooked deals being formulated. the buying of votes out in the open without fear by the administration to pass bills.

What is especially disturbing is the mean spiritedness of this administration towards any criticism or resistance from any source. they are using Chicago style tactics with brutality and viciousness towards any opponents they see as obstacles to their plans. they threaten family members of those that don’t fall into line. look at what they tried with Joe Lieberman when he balked at signing on to the government option and so they went after his wife, and others about their resistance to abortion were made to sign on. I think that if he thought he could get away with it he would set up camps for dissenters. Remember how Hitler started in Germany with clamping down on free speech under the guise of ” regulating fairness in the media” People are wise to them now and to all their false promises. Remember that old saying: “You can fool some of the people all of the time, and all of the people some of the time, but you can’t fool all of the people all of the time.” look up Maxine Waters and her talk to the big oil companies about their drilling for more oil off our coasts. she told them we will socialize America and take over all your companies and run them ourselves. it is all on tape and the people sitting around her started laughing and moving out of camera range. they did not want to be associated with her at all. If you want a real shock, then look up each of Obamas appointees and friends on the web.Take any one of them and check out their histories and past affiliations and then tell me I am wrong. Remember what your parents told you when you were young? You are known by the company you keep. think that one over. Friends of a feather flock together.

I will give you a starting point list. Andy Stern, Van Jones, Valerie Jarrett, bill Aires, George Soros, Cass Sunsteen, Joel Rogers, Maurice Strong, Rahm Emanuell and many more. Please look them up yourself and check their backgrounds and history. then look up the politicians who caused the economic crisis, Chris Dodd, Barney Frank, Chuck Schumer, Maxine Waters, and many others. Barney Frank told us everything was fine at Fannie Mae and Freddie Mack and we had nothing to worry about. do not believe anything you hear and only half of what you see. Please, Please check out these people for yourself and find out for yourselves. the regular mainstream media are asleep and do not report anything bad or critical of Obama. just wait until he goes after them the way he goes after Fox News. by then it may be too late. they are trying their best to control the internet now and make it into a public utility like the phone company so they can regulate it to try and stifle criticism of Obama and his cronies. they tried to block out Fox News from their news forums but the other networks did not let them, to their credit. I guess they feared they might be next if they let them do it to Fox. Now they are using this oil spill again as a smoke screen for what they are doing behind the scenes with subversion and presidential decrees to make our laws ineffectual while our attention is elsewhere. they are subverting our Constitution step by step and cut by cut with additions to bills and changes to laws while our attention is diverted.

They are assembling war chests for the coming elections in Nov and watch out for ACORN people under various names subverting the voting process and carrying people to the polls and union thugs trying to prevent honest voters from voting. they will have to try every dirty trick in the book to win in November. If we do not get people to the polls this year we could still lose some seats we need. this may turn out to be the most perverted election in our history if we don’t keep watch very carefully at all polling places. God help us keep our Country strong and the Constitution safe. God Bless America.

The New Politics and Why Both Parties Are Failing Us – The System is Falling Apart

PostHeaderIcon Why do republicans always seem to bring up George Soros?

Pretty much every time I ask a question about liberals republicans mention billionaire George Soros. Now sure hes rich, and yes he likes democrats, and yes he wants maryjane to be legal (but who doesn’t?). I really don’t see what the problem is that you have with him.

In my opinion if you don’t want pot to be legal you have oviously never tried it!

Why do republicans always seem to bring up George Soros?

PostHeaderIcon Should Republicans Take a Page From Warren Buffet’s Playbook?

Warren Buffet, one of the country’s most successful investors (he owns Berkshire Hathaway), just this morning announced he is buying Northern Burlington Railroad for just north of 44 Billion Dollars !

He said that “It’s a bet on the country basically.” he said he believes in the U.S. Economy, and this is his way of showing it.

Should the republicans take the same tact, instead of constantly being negative, so negative they are now known collectively as the party of NO! no new ideas, no answers, no hope.

Should Republicans Take a Page From Warren Buffet’s Playbook?