Everytime Obama Polls go up, DOW Crashes 400- 800 Points !
Scumbag Obama Hussein
Monday, with the Dow Jones industrials plunging as much as 800 points and
setting a new record for a one-day point drop
http://www.breitbart.com/article.php?id=D93L6K8O0&show_article=1
Sunday's Gallup Poll shows big Obama lead
By Yael T. Abouhalkah, Kansas City Star Editorial Page columnist
Barack Obama is keeping a strong Gallup Poll lead over John McCain. Obama
leads 50-43 percent in Sunday's results
Bruce Olin
"Scumbag Obama Hussein" <Hus...@DemocratTerrorist.org> wrote in message
news:gcdssb$3df$1...@registered.motzarella.org...
I see you are a bit confused over the concept of "cause and effect"...
Bruce Olin
za...@construction-imaging.com
<Huss...@DemocratTerrorist.org> wrote:
> NEW YORK (AP) - Wall Street suffered through another traumatic session
> Monday, with the Dow Jones industrials plunging as much as 800 points and
>
> Sunday's Gallup Poll shows big Obama lead
>
> By Yael T. Abouhalkah, Kansas City Star Editorial Page columnist
>
> Barack Obama is keeping a strong Gallup Poll lead over John McCain. Obama
> leads 50-43 percent in Sunday's results
What a load of bullshit. Obama's numbers have been pretty much steady
for the past 2 weeks, and the stock market, at the same time, has been
on a roller coaster ride.
Sal Video
"Bruce Olin" <bruce...@hotmail.com> wrote in message
news:UJuGk.4036$be....@nlpi061.nbdc.sbc.com...
I think he's pretty much confused period.
>
mordacp...@hotmail.com
<Huss...@DemocratTerrorist.org> wrote:
Every time McSame attacks Obama, the Dow crashes.
TigerLuck
Just wait'll ya see what happens when he wins the election.
You'll be shitting money down the toilet.
HAHAHAHAHA!!!!!!!!!!!
--
Sinatra & Sarah do Witchcraft
http://www.youtube.com/watch?v=rqs_2CVcWb0
Meet Pastor Muthee -- the man who laid hands on Sarah Palin
http://www.youtube.com/watch?v=CsnrIVj9IbM
aaronhi...@yahoo.com
> then.
Gosh darn it, give me the details about hits "spring break stripper".
Aaron Hirshberg
Scumbag Obama Hussein
"Bruce Olin" <bruce...@hotmail.com> wrote in message
news:UJuGk.4036$be....@nlpi061.nbdc.sbc.com...
>
No, you are though.
Sunday's Gallup Poll shows big Obama lead
Monday, with the Dow Jones industrials plunged as much as 800 points
Bruce Olin
"Scumbag Obama Hussein" <Hus...@DemocratTerrorist.org> wrote in message
And on Tuesday, Obama's lead will increase even more. Believe it or not,
the universe and all the processes it contains did not begin on Sunday.
Bruce Olin
Scumbag Obama Hussein
Tell us when Obama's lead will get to 17 % like Dukakis's did right before
he lost to Bush
Bruce Olin
"Scumbag Obama Hussein" <Hus...@DemocratTerrorist.org> wrote in message
As I understand it, under the correct circumstances, a lead of .0001% would
be quite sufficient.
Bruce Olin
Scumbag Obama Hussein
Apparently not because Kerry had a 5 % " lead " right before he lost in 2004
House of Pancakes
Lamont Cranston
> NEW YORK (AP) - Wall Street suffered through another
> traumatic session
> Monday, with the Dow Jones industrials plunging as much as
> 800 points
> and setting a new record for a one-day point drop
> http://www.breitbart.com/article.php?id=D93L6K8O0&show_article=1
People now realize that Republican mismanagement of the
economy is the cause of the meltdown.
The Subprime Mess and Phil Gramm: An Experiment in
Deregulation
Posted by Paul Kiesel
Tuesday, June 24, 2008 4:12 PM EST
In 1933, a few years following the stock market crash,
Congress passes the Glass-Steagall Act, in hopes that
regulating banks will help prevent market instability,
particularly amongst Wall Street banks. The purpose of the
act is to separate commercial banks that focus on consumers
from investment banks, which deal with speculative trading
and mergers.
The Glass-Steagall Act provided the proper oversight and
entity separation that would prohibit banks and other
financial companies from merging into giant trusts (conflict
of interests) -- giant trusts or corporations being more
powerful, naturally, and having the seemingly limitless
capital to lobby their corporate interests, however, with a
very myopic scope (particularly when it comes to factoring
in potential losses -- most banks, as seen in contemporary
times, chose not to anticipate losses in the mortgage
market; they presumed home prices would continue to
appreciate).
In 1999, former Senator Phil Gramm (who is, incidentally,
Senator John McCain's economic adviser and cochairs his
presidential campaign) set out to completely gut the
Glass-Steagall Act, and did so successfully, replacing most
of its components with the new Gramm-Leach-Bliley Act:
allowing commercial banks, investment banks, and insurers to
merge (which would have violated antitrust laws under
Glass-Steagall). Sen. Gramm was the driving force behind the
Gramm-Leach-Bliley Act, as he had received over $4.6 million
from the FIRE sector (Finance, Insurance and Real Estate
donations) over the previous decade, and once the Act
passed, an influx of "megamergers" took place among banks
and insurance and securities companies, as if they had been
eagerly awaiting the passage of Gramm's Act. Everything in
between Glass-Steagall and Gramm-Leach-Bliley (i.e. Savings
and Loan crisis/bust) was, in large part, the incubation
period for what would take place over the nine years that
would follow the passage of Gramm's Act: an experiment in
deregulation.
Shortly after George W. Bush was elected president, Congress
and President Clinton were trying to pass a $384 billion
omnibus spending bill, and while the debates swirled around
the passage of this bill, Senator Phil Gramm clandestinely
slipped a 262-page amendment into the omnibus appropriations
bill titled: Commodity Futures Modernization Act. It is
likely that few senators read this bill, if any. The essence
of the act was the deregulation of derivatives trading
(financial instruments whose value changes in response to
the changes in underlying variables; the main use of
derivatives is to reduce risk for one party). The
legislation contained a provision -- lobbied for by Enron, a
major campaign contributor to Gramm -- that exempted energy
trading from regulatory oversight. Basically, it gave way to
the Enron debacle and ushered in the new era of unregulated
securities. Interestingly enough, Gramm's wife, Wendy, had
been part of the Enron board, and her salary and stock
income brought in between $900,000 and $1.8 million to the
Gramm household, prior to the passage of the Commodity
Futures Modernization Act.
In 2003, Gramm left the Senate to join UBS, which had
acquired investment house PaineWebber due to his
deregulation bill. At UBS, Gramm lobbied Congress, the Fed
and the Treasury Department. During Gramm's tenor at UBS and
as a lobbyist, Congress passed the Responsible Lending Act,
billed as an anti-predatory-lending measure, but was called
the "Loan Shark Protection Act" by consumer advocates, as it
was designed to preempt stronger state laws against
anti-predatory lending. The Fed largely ignored the
underlying and growing problems within the subprime
mortgage/housing markets, as Bernanke famously acknowledged
the housing market in April, 2007 as, "[showing] signs of
softening," but said that a "sharp slowdown," is unlikely.
Then, according to Mother Jones magazine, Henry Paulson
became the Treasury Secretary in July, 2007, when, "In 2005,
[at] Goldman [he] securitized $68 billion in residential
mortgages and $23 billion in 'other assets' primarily
related to CDOs," (Mother Jones, August, 2008). With such
self-interest, and a lack of the nation's interest, we can
see how this subprime mess was allowed to escalate to such
great proportions.
Some justice was served, however, this spring, as UBS became
one of the subprime debacle's biggest losers, having to
write down $37 billion -- the same amount as their previous
four years of profits combined. UBS also made the public
aware that two-thirds of its losses were due to reckless
investing in collateralized debt obligations (CDOs).
Now, Gramm has a second chance of extending his out-of-touch
and ill-performing policies, as Senator John McCain
appointed Gramm to be his "economic expert" and cochair of
his presidential campaign, last year. Also, it is likely
that if Senator McCain were to win in November, Gramm would
be our next Treasury Secretary, which means more of the same
deregulatory mess and the continuation of failed and
insidious economic policies.
Find this article at:
http://losangeles.injuryboard.com/miscellaneous/the-subprime-mess-and-phil-gramm-an-experiment-in-deregulation.aspx?googleid=242468
(c) 2008 InjuryBoard.com
oba...uba..uh..uh..Obama
Scumbag Obama Hussein
"Lamont Cranston" <Lamont....@MeAndMy.com> wrote in message
news:gcfqn3$okk$1...@news.datemas.de...
> Scumbag Obama Hussein wrote:
>> NEW YORK (AP) - Wall Street suffered through another traumatic session
>> Monday, with the Dow Jones industrials plunging as much as 800 points
>> and setting a new record for a one-day point drop
>> http://www.breitbart.com/article.php?id=D93L6K8O0&show_article=1
>
> People now realize that Republican mismanagement of the economy is the
> cause of the meltdown.
Actually even hard core radical Liberalls like Alewc baldwin realize
Democraaps are to blame.
Alec Baldwin: The, the thing we have to remember, a friend
of mine who is very close to the financial community in New York pointed out
that Democrats have a lot of the responsibility for this as well. I mean, it
was Clinton who killed the Glass-Steagall, and it happened under a
Democratic president. Barney Frank and his committee, they, they kept
propping up Fannie Mae and Freddie Mac saying everything's fine,
everything's fine, everything's good. And it was his job to know everything
wasn't fine. And Barney Frank let you down and let us down as well.
And video of Clinton blaming Democraps for it all. SWEET !
http://blogs.abcnews.com/politicalradar/2008/09/bill-clinton-do.html
Bill Clinton on Thursday told ABC's Chris Cuomo that Democrats for years
have been "resisting any efforts by Republicans in the Congress or by me
when I was President to put some standards and tighten up a little on Fannie
Mae and Freddie Mac"
Bert Hyman
news:gcfqn3$okk$1...@news.datemas.de:
> People now realize that Republican mismanagement of the
> economy is the cause of the meltdown.
The question then must be asked: why do you want the government
managing the economy?
Maybe you hope you'll have better luck with the next administration,
but what about the one after that, and after that?
Do you think that turning more and more power over to politicians in
the blind hope that you'll have better luck next time is really a good
idea?
--
Bert Hyman | St. Paul, MN | be...@iphouse.com
Peacenik
news:gcdssb$3df$1...@registered.motzarella.org...
Each time the Dow fall, the bad economy is reminding Americans about
Republican incompetence, so support for Barack naturally goes up.
Lamont Cranston
> "Lamont Cranston" <Lamont....@MeAndMy.com> wrote in
> message
> news:gcfqn3$okk$1...@news.datemas.de...
>> Scumbag Obama Hussein wrote:
>>> NEW YORK (AP) - Wall Street suffered through another
>>> traumatic
>>> session Monday, with the Dow Jones industrials plunging
>>> as much as
>>> 800 points and setting a new record for a one-day point
>>> drop
>>> http://www.breitbart.com/article.php?id=D93L6K8O0&show_article=1
>>
>> People now realize that Republican mismanagement of the
>> economy is
>> the cause of the meltdown.
> ==================
>
> Actually even hard core radical Liberalls like Alewc
> baldwin realize
> Democraaps are to blame.
Thinking people know the cause is Repug deregulation.
Bugman
"Scumbag Obama Hussein" <Hus...@DemocratTerrorist.org> wrote in message
>
> "Lamont Cranston" <Lamont....@MeAndMy.com> wrote in message
> news:gcfqn3$okk$1...@news.datemas.de...
>> Scumbag Obama Hussein wrote:
>>> NEW YORK (AP) - Wall Street suffered through another traumatic session
>>> Monday, with the Dow Jones industrials plunging as much as 800 points
>>> and setting a new record for a one-day point drop
>>> http://www.breitbart.com/article.php?id=D93L6K8O0&show_article=1
>>
>> People now realize that Republican mismanagement of the economy is the
>> cause of the meltdown.
> ==================
>
> Actually even hard core radical Liberalls like Alewc baldwin realize
> Democraaps are to blame.
I see you're still drinking heavily.
Crash
in alt.fan.rush-limbaugh,
In <gcg3q0$uu7$1...@registered.motzarella.org>
On Tue, 7 Oct 2008 12:44:32 -0400, Scumbag said
> Democraaps are to blame.
>
In 1999, former Senator Phil Gramm (who is, incidentally,
Senator John McCain's economic adviser and cochairs his
presidential campaign) set out to completely gut the
Glass-Steagall Act, and did so successfully, replacing most
of its components with the new Gramm-Leach-Bliley Act:
allowing commercial banks, investment banks, and insurers to
merge (which would have violated antitrust laws under
Glass-Steagall). Sen. Gramm was the driving force behind the
Gramm-Leach-Bliley Act, as he had received over $4.6 million
from the FIRE sector (Finance, Insurance and Real Estate
donations) over the previous decade, and once the Act
passed, an influx of "megamergers" took place among banks
and insurance and securities companies, as if they had been
eagerly awaiting the passage of Gramm's Act.
The insane twist the facts to fit their world view.
The rational change their world view to fit the facts.
Crash
in alt.fan.rush-limbaugh,
In <gcg3q0$uu7$1...@registered.motzarella.org>
On Tue, 7 Oct 2008 12:44:32 -0400, Scumbag Obama Hussein said
about:
Re: Everytime the DOW crashes, Obama Polls go up
> Actually even hard core radical Liberalls like Alewc baldwin realize
> Democraaps are to blame.
>
>
> http://newsbusters.org/blogs/noel-sheppard/2008/10/04/baldwin-blames-financial-crisis-clinton-dems-barney-frank
> that Democrats have a lot of the responsibility for this as well. I mean, it
> was Clinton who killed the Glass-Steagall, and it happened under a
> Democratic president.
oh rally?
In 1999, former Senator Phil Gramm (who is, incidentally,
Senator John McCain's economic adviser and cochairs his
presidential campaign) set out to completely gut the
Glass-Steagall Act, and did so successfully, replacing most
of its components with the new Gramm-Leach-Bliley Act:
allowing commercial banks, investment banks, and insurers to
merge (which would have violated antitrust laws under
Glass-Steagall). Sen. Gramm was the driving force behind the
Gramm-Leach-Bliley Act, as he had received over $4.6 million
from the FIRE sector (Finance, Insurance and Real Estate
donations) over the previous decade, and once the Act
passed, an influx of "megamergers" took place among banks
and insurance and securities companies, as if they had been
eagerly awaiting the passage of Gramm's Act.
Scumbag Obama Hussein
"Lamont Cranston" <Lamont....@MeAndMy.com> wrote in message
> Scumbag Obama Hussein wrote:
>> "Lamont Cranston" <Lamont....@MeAndMy.com> wrote in message
>> news:gcfqn3$okk$1...@news.datemas.de...
>>> Scumbag Obama Hussein wrote:
>>>> NEW YORK (AP) - Wall Street suffered through another traumatic
>>>> session Monday, with the Dow Jones industrials plunging as much as
>>>> 800 points and setting a new record for a one-day point drop
>>>> http://www.breitbart.com/article.php?id=D93L6K8O0&show_article=1
>>>
>>> People now realize that Republican mismanagement of the economy is
>>> the cause of the meltdown.
>> ==================
>>
>> Actually even hard core radical Liberalls like Alewc baldwin realize
>> Democraaps are to blame.
>
Scumbag Obama Hussein
Scumbag Obama Hussein
"Crash" <see.m...@theBeach.edu> wrote in message
news:cICdnTWAnIeh33HV...@pghconnect.com...
Scumbag Obama Hussein
"Peacenik" <cnelso...@hotmail.com> wrote in message
news:gcg83t$8o6$1...@news.seed.net.tw...
,
Lamont Cranston
> "Crash" <see.m...@theBeach.edu> wrote in message
> news:cICdnTWAnIeh33HV...@pghconnect.com...
>
The Subprime Mess and Phil Gramm: An Experiment in
Deregulation
Posted by Paul Kiesel
Tuesday, June 24, 2008 4:12 PM EST
In 1933, a few years following the stock market crash,
Congress passes the Glass-Steagall Act, in hopes that
regulating banks will help prevent market instability,
particularly amongst Wall Street banks. The purpose of the
act is to separate commercial banks that focus on consumers
from investment banks, which deal with speculative trading
and mergers.
The Glass-Steagall Act provided the proper oversight and
entity separation that would prohibit banks and other
financial companies from merging into giant trusts (conflict
of interests) -- giant trusts or corporations being more
powerful, naturally, and having the seemingly limitless
capital to lobby their corporate interests, however, with a
very myopic scope (particularly when it comes to factoring
in potential losses -- most banks, as seen in contemporary
times, chose not to anticipate losses in the mortgage
market; they presumed home prices would continue to
appreciate).
In 1999, former Senator Phil Gramm (who is, incidentally,
Senator John McCain's economic adviser and cochairs his
presidential campaign) set out to completely gut the
Glass-Steagall Act, and did so successfully, replacing most
of its components with the new Gramm-Leach-Bliley Act:
allowing commercial banks, investment banks, and insurers to
merge (which would have violated antitrust laws under
Glass-Steagall). Sen. Gramm was the driving force behind the
Gramm-Leach-Bliley Act, as he had received over $4.6 million
from the FIRE sector (Finance, Insurance and Real Estate
donations) over the previous decade, and once the Act
passed, an influx of "megamergers" took place among banks
and insurance and securities companies, as if they had been
Crash
logical fallicies:
Argumentum ad crumenam money is better
~~~~~~~~~~~~~~~~~~~~~~
The fallacy of believing that money is a criterion of correctness;
that those with more money are more likely to be right.
[this is the Republican default unarticulated assumption]
Argumentum ad nauseam repeat more is better
~~~~~~~~~~~~~~~~~~~~~
This is the incorrect belief that an assertion is more likely to be
true the more often it is heard. An "argumentum ad nauseam" is one
that employs constant repetition in asserting something.
Bifurcation "black and white", 2 choices only
~~~~~~~~~~~
Also referred to as the "black and white" fallacy, bifurcation
occurs when one presents a situation as having only two
alternatives, where in fact other alternatives exist or can exist.
[this is the Republican's world view]
Plurium interrogationum / Many questions demand a simple answer
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
This fallacy occurs when a questioner demands a simple answer to a
complex question.
[a common Republican argument, comes from the bifurcation fallacy]
in alt.fan.rush-limbaugh, Bert Hyman said about:
Re: Everytime the DOW crashes, Obama Polls go up
> Lamont.Cranston wrote:
Bert, ARE YOU really stooopid?
...or do you just assume "your audience" is?
...like Limbaugh does....
This is a basic question question I have of
most Repubs. ...are they propaganda victims or
propagandists? ...and is their much difference?
> > People now realize that Republican mismanagement of the
> > economy is the cause of the meltdown.
Bert Hyman:
> The question then must be asked: why do you want
> the government managing the economy?
"must?"
Huh!? How does one logicically get from
one statement to the other!?
Are your mental processes REALLY that bifurcated?
Can you really see no difference between
government managing the economy and
government regulating the economy?
Are you aware that economists would LAUGH at
the idea of unregulated capitalism?
Last night the CEO of Sony said this crash
was proof that a free market doesn't work.
Warron Buffet has said similar. Both on
Charlie Rose. And guess what?
This will make as much news as if
they had claimed the sky was blue.
Why do you guys cling to such whacko
assumptions?
> Maybe you hope you'll have better luck with the next administration,
> but what about the one after that, and after that?
You mean like from 1940 - 1980? The Rise and Pinnacle of
American Economics? ...top tax rates at 70% - 90%?
> Do you think that turning more and more power over to politicians in
> the blind hope that you'll have better luck next time is really a good
> idea?
Huh? Read a book dude.
Bert Hyman
news:QsCdneZ_cde6hHPV...@pghconnect.com:
> logical fallicies:
Your post was nothing but; thanks for the examples.
And, good luck.
A 'Nam Veteran
see.m...@theBeach.edu (Crash) wrote:
and;
The "Bradley effect" ??
I wish I had more faith in the intelligence of the American voter! But
even if the VOTERS show some sense and vote Democratic, this time, how
sure are we that the election process will not be compromised? I was
visiting in London in January, 2001, when that whole circus over "who
won?" was taking place. The Brits were much amused, but it turned out
not to be very funny, after all. There are still serious issues being
raised over how "tamper proof" modern voting machines are, and it does
not exactly inspire confidence when the guy who invented them promised
to "deliver" Ohio to Bush in 2004, and DID.
http://www.truthout.org/100608S
--
Money; What a concept !