39 replies to this topic

[Pyridium]

Nov. 15, 2012.  New unemployment claims 439,000.  Dow closes at 12,500...down 700 since the re-election of Obama.

On election night, America was poised to say goodbye to our deepest recession since the depression.  Business was ready to crank up the financial engine when Romney was elected.  Regulations were going to be reversed to give business a fighting chance to prosper.

Obama won and elections have consequences.  I want a productive and prosperous society and I wish the President well.  Unfortunetly, we may end up back in a severe double dip recession and only Obama's scorecard will tell how deep it goes.

[spud the mackem]

Aha but on his first tee shot he made a hole in one,

[supervike]

Has his 2nd term officially started yet?

[and then]

supervike, on 16 November 2012 - 11:04 PM, said:

Has his 2nd term officially started yet?

It started for investors as soon as the results were official.  The pompous ass will refuse to compromise - he won, remember?  So of course that means he gets to decide everything.  The House was also reelected though, substantially unchanged.  So we have no action and I don't think the world can afford another 4 years of the US doing nothing.  We'll soon see if the conspiracy theorists are right.

[supervike]

Well, the American people felt that they could stand another 4 years.

They spoke pretty clearly about that, as well.

[Imaginarynumber1]

You realize that this is still his first term, right? The second hasn't even started yet. Hell, the election was 10 days ago.

[and then]

Imaginarynumber1, on 16 November 2012 - 11:33 PM, said:

You realize that this is still his first term, right? The second hasn't even started yet. Hell, the election was 10 days ago.

Of course.  And YOU realize that people with common sense and money to invest can reasonably determine the probable gridlock that will continue and therefore refrain from risking their wealth?  It's not an attempt to be argumentative.  The fact that a majority of voters decided to put him in office so the goodies would keep coming doesn't in any way mean that the rest HAVE to be willing to voluntarily go along by investing in money losing efforts.  If you were wealthy you wouldn't want to just throw it away would you?

[Imaginarynumber1]

and then, on 16 November 2012 - 11:43 PM, said:

Of course.  And YOU realize that people with common sense and money to invest can reasonably determine the probable gridlock that will continue and therefore refrain from risking their wealth?  It's not an attempt to be argumentative.  The fact that a majority of voters decided to put him in office so the goodies would keep coming doesn't in any way mean that the rest HAVE to be willing to voluntarily go along by investing in money losing efforts.  If you were wealthy you wouldn't want to just throw it away would you?

You do realize that the majority of people didn't vote him back in office for "freebies", right?

[Sir Wearer of Hats]

Thing is, the Stockmarket is tanking more because of Spain and Greece then Obama getting reelected.

[Likely Guy]

Wearer of Hats, on 17 November 2012 - 01:22 AM, said:

Thing is, the Stockmarket is tanking more because of Spain and Greece then Obama getting reelected.

Stop making sense!

[Mr. Smith]

Wearer of Hats, on 17 November 2012 - 01:22 AM, said:

Thing is, the Stockmarket is tanking more because of Spain and Greece then Obama getting reelected.

That and the fear that certain tax breaks the wealthiest enjoy will soon end, right? Better to take the money and run while they can because won't those dividends and profits probably cost them a little more in 2013?

The horror of only being able to buy a 120 foot yacht instead of a 130 foot yacht must be unbearable.

[Merc14]

Imaginarynumber1, on 16 November 2012 - 11:33 PM, said:

You realize that this is still his first term, right? The second hasn't even started yet. Hell, the election was 10 days ago.

What is the point of this inane statement?   Are you insinuating that Obama gets a pass for the next two months because his second term hasn't officially started?

[and then]

Mr. Smith, on 17 November 2012 - 02:40 AM, said:

That and the fear that certain tax breaks the wealthiest enjoy will soon end, right? Better to take the money and run while they can because won't those dividends and profits probably cost them a little more in 2013?

The horror of only being able to buy a 120 foot yacht instead of a 130 foot yacht must be unbearable.

It's easy to gloat over having won the ability to "make the  *&%(^ 's pay" but it actually hurts no one significantly except those employed by the wealthy when the jobs go away.  It's a stupid tactic that helps no one really.

[Jeremiah65]

Well until January of 2013...I have no opinion as most people with a brain should...The second term does not actually begin until then.  Everyone postulating anything else is a moron...it is what it is.

I am not pleased what the people chose this route.   I really hoped for better...I actually thought that a third party had a serious shot at winning this year...how silly was I?  A third party might have healed some of our wounds.

But just stop the stupid.  The second term does not begin for another 2 months....you speculation is cheap and sad.

I just want to step back and lord over the stupidity of this election...most folks are showing the limits of their education...which is a ****g sad thing...we have learned that most people are just flat stupid...and have no desire within themselves to correct that...how damn sad is that?

[Mantis914]

2nd term scorecard??  I've got him down for a negative score for the first term, can it possibly get any lower?  Wait, we are talking about Obama, so...     I can't wait to see what he has in store for us in the next 4 years...