Where was McConnell between 2000 and 2008? He voted 7 times to increase the debt ceiling in the Bush years. Yeah – that’s right 7 times !!!
HYPOCRITES GET OUT !!!!!!
With lawmakers divided over how to reduce U.S. spending,the measure would also require Obama to come up with $2.1 trillion in cuts, the aides said.
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that’s right republicans don’t need to come up with a plan…….obama should cut the spending so that the GOP can hang it around his neck in 2012
and no revenue increases Obama…..i know this is a democracy but us right wingers don’t compromise………our way or the pot hole filled, deteriorating highway
“Obama’s a complete slave of the republicans and the dire consequesnces of his policy that has obviously FAILED.”
I totally agree. Obama simply extended Bush policies:
- extended the Bush wars that bankrupt us
- extended the Bush tax cuts to the super rich
- passed Mitt Romney/Newt Gingrich healthcare plan
Policies that failed under Bush fail again under Obama.
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Mergers will not save the weak U.S. economy. But i’m sure it’ll make the stockholders a few extra dollars on their stocks.
The workers will get screwed as usual and unemployment will still be horrible, but as long as Cramer and Kudlow make a few extra bucks on their stocks, that’s all that matters.
soon, every company will be “to big to fail” welcome to the world of corporate fascism…
Any idiot knows mergers can’t save an economy.
I’ve worked at places after a buyout or merger. The buyer cuts jobs like mad during the merger where there are overlaps. This HURTS the economy. continue reading »
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The entire system will COLLAPSE and BURN Germany is preparing for a “Core Euro” with Gold backing once they kick the PIIGS to the curb.◄$$$ THE COMEX SILVER INVENTORY IS SHROUDED IN A MIST OF CONFUSION. ACCOUNTING GAMES OCCUR. BASELINE INVENTORY IS A FICTION. FUTURES CONTRACTS ARE SATISFIED WITH G.L.D. SHARES AND S.L.V. SHARES ROUTINELY AND ILLICITLY. PREMIUM OVER PAPER PRICES PAID FOR PHYSICAL IS RISING. REGARDLESS, THE SILVER INVENTORY IS CAREENING DOWNWARD. THAT MAKES A GIGANTIC PROBLEM FOR JPMORGAN. $$$ For the first time ever, the total COMEX silver in inventory has fallen below 100 million ounces. The bigger problem is that silver available for physical delivery is under 28 moz, raising a major danger flag. The physical market sets the true price of gold and silver. A corrupted paper price has resulted in premiums between paper prices (futures contracts) and physical gold and silver prices (bullion) to widen sharply.
Everyone was expecting the market to crash when QE2 ended and instead it is zooming upwards. It always does the unexpected.
AKS projected EPS built into price, so-so then fast growth expected, losing now. I’m skeptical.
!!! FCX P/E lower than projected growth! I own.
AER’s projected 2011,2012 earnings less than 2008. I’m supposed to buy because…?
LAM -91 P/E. Projected to earn $0.25/share in 2012. That’s a P/E of over 100 at today’s prices. I’ll pass.
!!! CLF & CBI would both pass an initial value screen. D & D needed.
APOL’s projected earnings for the next two years are less than current. I don’t trust sunny prediction after that.
NTAP: P/E 32 now, P/E 20 based on 2012 projected earnings. Good candidate but with only 15% growth I’d only buy it cheaper.
CTSH: Another relatively high P/E (= 29) company with so-so growth expected next year, but somehow an “expert” predicts 30% 3-5 year growth!
TSLA: NO one expects this to make money in the future. continue reading »
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Deutsche Bank already told us the roll over isn’t being done voluntarily, yet the ratings agencies will continue to deceive investors as they did in the mortgage crisis and will do again. They have zero credibility.
We all know there won’t be a crisis. RepublicanConJob will swoop in and save the Greeks out of pure generosity! He’ll spend his own money to pay off their debts. Of course, he expects us to give him our money so he can call it his to work this miracle with…
I saw an estimate that the eurobanks hold about 25% of the Greek sovreign debt and the ECB holds about 10%. How will the owners of the other 65% VOLUNTER to restructure???
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So with productiviy up again, does that mean the middle class workers will get a raise?
And the band played on…
Initial unemployment claims are above 400,000 again, as the stimulus money runs out, the American economy finds itself worse off then when QE2 was started, Bernanke thinks that he can spend his way out of this mess, where are our policy makers as John Deere and others are in a mass exodus of this country……….more at anangryman.com
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This sure sounds like the sign of a healthy economy, true some of these loses could be due to the disaster in Japan, and believe me the spin doctors will use this to the full extent in the upcoming months, lets see what tommorrow brings with the government job report, this could be the first month that there are net losses in the jobs area and then watch the market tank……more at anangryman.com
Take this opportunity to get out or buy VXX for your protection.
If we don’t get oil back down to $65 a barrel very soon. We are easily going to slip back into recession by AUG/SEP. Bernanke was so worried about deflationary pressures he completely forgot or chose to ignore the risks of creating another kind of pressure. Structural demand destruction in conjunction with continueing high inflation. QE2 completely de-incentivized companies to hire. Now low end consumer’s are being forced to change not just their lifestyle’s but their consumption habit’s. The only way to resolve our current dilemma is to push oil down to 65$ a barrel and keep it there for atleast 1 if not 2 years. continue reading »
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By “Picky US Shoppers”, do you mean broke, or on such a tight budget that they HAVE to find the best bargains?
Retailers shot themselves in the backside. In their quest for cheap goods, they helped lay off American employees that once made these goods so that they could be made in sweatshops overseas for slave wages. The Americans that got laid off can’t afford to shop and buy these cheap goods that were made overseas. What have we as a nation really gained from cheap imports besides record trade deficits, budget deficits and high unemployment?
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