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Old 09-14-2012, 10:31 AM #22
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Originally Posted by F1VENOM View Post
...As for QE3, I predict it'll have much the same effect as the last two, string us along with just enough to avoid the "impending crisis."
That's what I think too. I think that ~8-9% unemployment and GDP growth ~3% or less is where we're gonna be stuck for quite some time. We're in a similar pattern to what Japan was in during their lost decade.
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Old 09-14-2012, 10:44 AM #23
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We are stuck with high unemployment because Obama needed his "signature" healthcare plan that liberal have been dreaming of.

Why didn't they just move to one of the many other socialist nations instead of ruining our system?...


Obamacare is a massive burden on the back of our country.

http://washingtonexaminer.com/franch...0#.UFNCO7JlQf4

" Barr has 23 stores with 421 employees, 109 of whom are full-time. Of those, he provides 30 with health insurance. Barr said he pays 81 percent of their Blue Cross Blue Shield policy, or $4,073 of $5,028 for individuals, more for families, for a total bill of $129,000 a year. Employees pay $995.

Under Obamacare, however, he will have to provide health insurance for all 109 full-time workers, a cost of $444,000, or two and half times more than his current costs. That $315,000 increase is equal to just over half his annual profit, after expenses, or 1.5 percent of sales. As a result, he said, "I'm not paying $444,000."

Providing no insurance would result in a federal fine of $158,000, $29,000 more than he now spends but the lowest cost possible under the Obamacare law. So he now views that as his cap and he'll either cut worker hours or replace them with machines to get his costs down or dump them on the public health exchange and pay the fine. "Every business has a way to eliminate jobs," he said, "but that's not good for them or me.""


As usual, liberals "good intentions" cause massive economic harm. But, what do you expect from someone who has never run a business, met a payroll, lived within his means, or earned a living from his hard work...
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Old 09-14-2012, 10:58 AM #24
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Neat.
lawl. Hardly.
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Old 09-14-2012, 12:03 PM #25
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printing money to prop up the failing economic policies of this administration will only cause further massive inflation. You think $4.00 gas is bad now...

They can now spend $40,000,000,000.00 a month which they PRINT out of thin air.

This will cause massive inflation, and since oil is tied to the dollar, we will see it first with our fuel costs, and since we now BURN our corn as fuel (government mandate of ethanol in every gallon of gas), it will also affect us at the grocery store.

This is a tax on the middle class. Your dollar will do LESS than it did before this latest "stimulus".


This is further "keynesian" ideology. It fails, and liberals say it works...

We have 4 years of this garbage and we are worse off, but hey, if Obama says it is good, then many will believe him. Especially when the liberal media agrees...

Hard to believe people look at liberals words instead of their own checkbooks.
Ben Bernanke is a Republican.
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Old 09-14-2012, 01:05 PM #26
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And Obama is a Christian... What is your point? Obama still funds the murder of children born alive after failed abortions. In the real world that is infanticide.

And in the Bible it tells us to compare a mans words with his actions to see the heart of a man. Matthew 7.

Romney said Bernanke is gone when he becomes President. Which is a good thing, since clearly the fed doesn't mind destroying the value of a dollar so they can get Obama re-elected... (hmm, so Obama will keep bernanke, but Romney will get rid of him... And you see nothing wrong with him doing ANOTHER stimulus without congress having any say. I'll remember that)

Oh gas has more than doubled under Obama.

http://cnsnews.com/news/article/gaso...-obama-184-385



This will only help banks, and prop up the market. Here is a good article that describes the logic of Bernanke better than I can...

http://www.breitbart.com/Big-Governm...ot-main-street
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Old 09-14-2012, 01:24 PM #27
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Because selling out Americans for 4 more years in the Whitehouse is so worth it.
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Old 09-14-2012, 01:28 PM #28
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We need more bible quotes in our domestic policy, that's for sure.
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Old 09-14-2012, 01:36 PM #29
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We need more bible quotes in our domestic policy, that's for sure.
Because restrictions = freedom. Duh.
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Old 09-14-2012, 01:39 PM #30
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We need more bible quotes in our domestic policy, that's for sure.
What is with you and trolling about religion?
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Old 09-14-2012, 01:46 PM #31
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Quote:
Originally Posted by FreeEnterprise View Post
We are stuck with high unemployment because Obama needed his "signature" healthcare plan that liberal have been dreaming of.

Why didn't they just move to one of the many other socialist nations instead of ruining our system?...
You mean like Germany? Or Sweden? Or Finland?

Hint: they have unempoyment rates of 5.1%, 7.6%, and 7.9%, respectively. All of them have socialized medicine and a much more pervasive social insurance system than we do, but they're all doing better than us on the unemployment front.

I'm not really a fan of socialized healthcare, or of welfare in general, but you can't make the connection between Obamacare and unemployment, especially since the potentially harmful parts (namely the employer mandate) don't take affect until 2014.
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Old 09-14-2012, 01:53 PM #32
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Because restrictions = freedom. Duh.
You can invert that for a little nugget of truth.
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Old 09-14-2012, 02:14 PM #33
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Because restrictions = freedom. Duh.
God willing.

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What is with you and trolling about religion?
Have you read some of the posts around here? Sometimes I have to check to make sure this isn't ST:R/P.
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Old 09-14-2012, 03:40 PM #34
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Have you read some of the posts around here? Sometimes I have to check to make sure this isn't ST:R/P.
Yeah, most of it's coming from you trolling around with straw men. I've seen you bring up religion in quite a few threads that had nothing to do with it - this one and the climate change one a while back come to mind.
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Old 09-14-2012, 03:50 PM #35
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http://www.marketwatch.com/story/ega...ove-2012-09-14

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SAN FRANCISCO (MarketWatch) -- Egan-Jones Ratings Co. said Friday it downgraded its U.S. sovereign rating to AA- from AA on concerns that the Fed's new round of quantitative easing, or QE3, will hurt the U.S. economy. The ratings agency said the Fed's plan of buying $40 billion in mortgage-backed securities a month and keeping interest rates near zero does little to raise GDP, reduces the value of the dollar, and raises the price of commodities.
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Old 09-14-2012, 03:50 PM #36
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good thing the market disagrees with them
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Old 09-14-2012, 03:54 PM #37
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Do they?
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Old 09-14-2012, 03:59 PM #38
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200 points on the dow yesterday

yup, they do
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Old 09-14-2012, 04:01 PM #39
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What does fluxuations in the dow have to do with anything?

The Dow dropped sharply when Obama was elected also, does the reverse apply to that fluxuation as well?
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Old 09-14-2012, 04:02 PM #40
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expectations of higher future NGDP drive people towards assets
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Old 09-14-2012, 04:03 PM #41
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expectations of higher future NGDP drive people towards assets
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The Dow dropped sharply when Obama was elected also, does the reverse apply to that fluxuation as well?
.
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Old 09-14-2012, 04:04 PM #42
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and its surged ever since
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