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Obama Defeats Romney, Gingrich in Global Poll

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Global investors, skeptical about President Barack Obama's ability to turn around the economy, nonetheless aren't enamored with the Republican alternatives.

While a plurality of investors said Obama's re-election would be a bad thing for U.S. markets, 57 percent said in a Bloomberg Global Poll that the current contenders for the Republican presidential nomination aren't offering good ideas to lessen U.S. economic woes.

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OOPS :sleepy:

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Corp

Well the whole position of "we'd rather let the country burn than raise taxes" most Republicans took didn't impress many.

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Bama13

OOPS :sleepy:

None of them get to vote in our election. Most US investors, you know the ones that do get to vote, prefer a Republican (only the Shadow knows why). Personally I would prefer a conservative but I'm not sure Ron Paul (the only conservative running) can win.

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Bama13

Well the whole position of "we'd rather let the country burn than raise taxes" most Republicans took didn't impress many.

Or, to put it a different way, "we'd rather our country live within our means than continue to spend way more than we bring in". Fiscal responsibility, what a concept!! Deficit spending is not sustainable. Eventually you run out of other people's money.

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WoIverine

Ron's polling nearly neck in neck with Obama. He's the only one who is.

Edited by Spid3rCyd3

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preacherman76

Well thank God it isnt a global vote.

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preacherman76

Well the whole position of "we'd rather let the country burn than raise taxes" most Republicans took didn't impress many.

Raising taxes will do nothing to fix the economy. We could tax 100% of the income of every man and women in this country, and we wouldnt come close to paying the interest we owe. Especialy considering they seem to need more money then the year before, every year. We need to cut spending, and cut out the cancerous corupted people who keep us in perpetual debt. And after a full audit of the federal reserve, hold them responcible for debt that was accrued unconstitutionaly.

I never understood the raise taxes crowd. As if people having less money is going to stimulate the economy. Not only will it hurt the economy, it will give this already bloated government reason to expand even more.

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Rafterman

Well if the Democrats had their way, I'm sure these "global investors" would be allowed to cast a vote.

Can I get a vote on the Greek debt situation?

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Corp

Raising taxes will do nothing to fix the economy. We could tax 100% of the income of every man and women in this country, and we wouldnt come close to paying the interest we owe. Especialy considering they seem to need more money then the year before, every year. We need to cut spending, and cut out the cancerous corupted people who keep us in perpetual debt. And after a full audit of the federal reserve, hold them responcible for debt that was accrued unconstitutionaly.

I never understood the raise taxes crowd. As if people having less money is going to stimulate the economy. Not only will it hurt the economy, it will give this already bloated government reason to expand even more.

*shrugs*

And I've never understood why many Americans seem to think raising taxes is on the same level as eating babies (going by some reactions). In hard time there needs to be cuts as well as looking for new sources of cash. That's why during the whole budget debate most of the rest of the world, who pay higher taxes than the US, thought the Republicans were morons with their 'cuts only, protect the rich' line of thinking.

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questionmark

*shrugs*

And I've never understood why many Americans seem to think raising taxes is on the same level as eating babies (going by some reactions). In hard time there needs to be cuts as well as looking for new sources of cash. That's why during the whole budget debate most of the rest of the world, who pay higher taxes than the US, thought the Republicans were morons with their 'cuts only, protect the rich' line of thinking.

That is because most Americans cannot see beyond the immediate anymore...must be the fluoride in the water.

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Harte

*shrugs*

And I've never understood why many Americans seem to think raising taxes is on the same level as eating babies (going by some reactions). In hard time there needs to be cuts as well as looking for new sources of cash.

Well, sure.

I mean, it's definitely working for Greece, isn't it?

Harte

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Corp

Well, sure.

I mean, it's definitely working for Greece, isn't it?

Harte

So Greece and American are 100% the same are they?

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Grey14

What I have never understood is how people complain that taxes are to high and need to be lowered but then want all these nice federal services and programs that they dont want to lose or cut. You know the goverment doesnt have a grove of money trees that it gets it money from. You cannot have both the cake and the pie and the cupcakes and the....without money to pay for it. personally I think they just need to get rid of taxes as they are and institute a federal sales tax. To me that seems to be the fairest method for everyone.

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Harte

So Greece and American are 100% the same are they?

The situation in Greece is seperated from the situation in America only temporally.

Eventually, yes, America will be one big Greece, only with nobody to bail us out.

Harte

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The situation in Greece is seperated from the situation in America only temporally.

Eventually, yes, America will be one big Greece, only with nobody to bail us out.

Harte

Wow, haven't seen you this gloomy in a while....

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Corp

The situation in Greece is seperated from the situation in America only temporally.

Eventually, yes, America will be one big Greece, only with nobody to bail us out.

Harte

So the government is actively lying about the American economy, paying banks to hide debt? And large sections of the population who owe taxes refuse to pay? And have their economy based on season industries such as tourism which would be strongly impacted by global economic troubles?

Because it seems the two countries have very different economic situations.

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questionmark

So the government is actively lying about the American economy, paying banks to hide debt? And large sections of the population who owe taxes refuse to pay? And have their economy based on season industries such as tourism which would be strongly impacted by global economic troubles?

Because it seems the two countries have very different economic situations.

That depends on your definition. And no, America is not hiding nothing. In fact as it is not bound to the Maastricht treaty, as Greece is, there is nothing to hide. It is more, everybody is happily participating.

The Fed has introduced this wonderful revolving door system where banks can supply securities and get a loan at laughable rates. The banks then go to the Fed and buy bonds at 1-2% more than the Fed rates and in turn can use these bonds, just purchased with the Fed's money, as security to get more money from the Fed.

In the meantime the politicians are deciding to give tax breaks with money they don't have and bolster the economy (lacking money because the banks are lending mostly to the Fed) with money they don't have either. The great merry-go-round of nothing with a large attributed value. Only that this merry-go-round gets fatter by the second.

It sounds very much like Greece to me...just that Greece operated in the dark and these guys operate in the light with most everybody cheering and applauding.

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Harte

In the meantime the politicians are deciding to give tax breaks with money they don't have and bolster the economy (lacking money because the banks are lending mostly to the Fed) with money they don't have either. The great merry-go-round of nothing with a large attributed value. Only that this merry-go-round gets fatter by the second.

Just to add to the above, they are also contemplating removing a significant portion of wealth from what's left of the economy and redistributing it in tiny chunks so that people will use it to buy things they would have bought anyway with their own money.

The portion removed is enough to further damage the economy, yet isn't even a tiny fraction of the amount that would be necessary for the government to generate in order to get out from under the problem.

All this so they can sit in D.C. and pretend they did something to fix the problem.

Harte

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DieChecker

From the OP Link:

Obama’s advantage is driven by non-U.S. investors. American investors expressed a clear preference for either Republican -- favoring Romney over the president 65 percent to 24 percent, and backing Gingrich 52 percent to 33 percent.
Thirty-eight percent of global investors said Obama’s re- election would be a good thing for U.S. markets, while 44 percent said it would be a bad thing.

Among investors outside the U.S., 37 percent were optimistic about how Obama’s policies were affecting the business climate, compared with 18 percent in the U.S.

So Obamas lead is based mainly on Non-US interests. Maybe the world thinks it will be easier to beg money off Obama, or easier to get trade concessions from him?

Uncertainty about the health-care law, which the U.S. Supreme Court is to consider next year, was cited as a substantial barrier by 23 percent and a modest barrier by 41 percent. Twenty-eight percent said regulatory policy is a substantial barrier, and 40 percent said it poses a modest barrier.

One in four investors said widening income inequality is a substantial barrier to economic growth in the U.S.

So the issue that the Occupiers say is really, really, really important is seen as having as much of a barrier to the economy as Obamacare being implemented is.

Congressional Republicans had a 70 percent unfavorable rating among U.S. investors and a 63 percent unfavorable rating among non-U.S. investors.

Congressional Democrats had an 86 percent unfavorable rating among U.S. investors, with 13 percent viewing them favorably. The Democrats received an unfavorable rating from 42 percent of overseas investors and a favorable rating from 39 percent.

So why are Democrats hated in the US and loved overseas???

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