this bubble in pessimism is going to be quite the costly for stupid fuckers who dont realize this recent weakness is 90% of the "smart money" getting ready for TEH INEVITABLE september/october crash....

(http://www.autoadmit.com/thread.php?thread_id=1403848&forum_id=2#15870459)

he's not ready to hear the truth.

(http://www.autoadmit.com/thread.php?thread_id=1403848&forum_id=2#15868276)

We got out of the last Great Depression by spending massive sums of money to destroy Germany and Japan. It is time to spend massive sums of money to destroy Germany and Japan again.

(http://www.autoadmit.com/thread.php?thread_id=1403848&forum_id=2#15868036)

GET HIM BOYS

(http://www.autoadmit.com/thread.php?thread_id=1403848&forum_id=2#15868284)

(http://www.autoadmit.com/thread.php?thread_id=1403848&forum_id=2#15875246)

A job program isn't the cards so it is time to invade Berlin.

(http://www.autoadmit.com/thread.php?thread_id=1403848&forum_id=2#15868418)

*drools*

(http://www.autoadmit.com/thread.php?thread_id=1403848&forum_id=2#15868328)

* GDP drops so less govt revenue and deficit*

* complains that we need to balance budget for growth*

(http://www.autoadmit.com/thread.php?thread_id=1403848&forum_id=2#15868396)

History actually shows Austerty primarily based on spending cuts induces GDP growth because it boosts private investment. HTH.

(http://www.autoadmit.com/thread.php?thread_id=1403848&forum_id=2#15870290)

(http://www.autoadmit.com/thread.php?thread_id=1403848&forum_id=2#15868318)

BTW, i don' think we are going to double dip (GDP wise, fuck the stock market). I think we are just not going to have a strong rebounding economy, but rather an incredibly slow growth. 10% unemployment is the new norm and this has nothing to do with Palin, Obama, or whoever else

(http://www.autoadmit.com/thread.php?thread_id=1403848&forum_id=2#15869812)

Here come the PIGS again!

"S&P lowered Ireland's long-term sovereign credit rating to AA- from AA and kept its outlook on negative, suggesting the ratings agency could cut again. "

http://www.marketwatch.com/story/ireland-downgraded-on-concern-about-bank-bailouts-2010-08-24?dist=afterbell

(http://www.autoadmit.com/thread.php?thread_id=1403848&forum_id=2#15870237)

Chances the voters buy this several years after Bush is long gone? I'm guessing approximately 0.

(http://www.autoadmit.com/thread.php?thread_id=1403848&forum_id=2#15870641)

If not, he's fucked.

Young people voted him in office, and there was a poll in the Economist that showed young people's enthusiasm and likelihood to vote in the next election has fallen to about 1/2 the level as it was in 2008.

(http://www.autoadmit.com/thread.php?thread_id=1403848&forum_id=2#15870510)

Also, during the election his antics with playing basketball with NBA stars and Michelle's living like a diva in Spain while Americans continued to lose their jobs will be played on loop basically everywhere you look.

(http://www.autoadmit.com/thread.php?thread_id=1403848&forum_id=2#15870636)

the dems and repubs have an oligopoly (or dualopoly?) on power and it shows

(http://www.autoadmit.com/thread.php?thread_id=1403848&forum_id=2#15870684)

Last week he was down to 93% approval among blacks (verses 96 fucking percent this time last year.) Does anyone else find this disturbingly absurd?

Of the blacks that actually do vote in 2012, 9 out of 10 will still vote for Obama in the face of economic apocalypse.

(http://www.autoadmit.com/thread.php?thread_id=1403848&forum_id=2#15874279)

30 years of people buying huge homes they can't afford, market manipulation by the feds to create artificial bubbles, using credit cards they can't back up, MA's in sociology, Cooley Law School... its our TTT culture that's at fault.

(http://www.autoadmit.com/thread.php?thread_id=1403848&forum_id=2#15870604)

stupid fucks like you are as TTT as all the shiTTT you are bitching about...

(http://www.autoadmit.com/thread.php?thread_id=1403848&forum_id=2#15870750)

1) Economists still don't know exactly what ended the Great Depression. There aren't enough accurate government statistics for them to know exactly (they probably have to find old company, state, and local figures..)

2) I'm pretty sure this market failure occurred by policies by businesses while Bush was in office. Obama has not been in office long enough to create a market failure of this sort (in fact if you remember, the market failure began during the election). And tax policy would largely effect the GOVERNMENT BUDGET, not the level of production in the country. Government transfers would increase production, but the government can only give so much until its borrowing extravagant amounts of money just to ward off a depression. The Federal Reserve could create policies, but putting too much money into the economy will create a period of high inflation and followed by larger unemployment.

(http://www.autoadmit.com/thread.php?thread_id=1403848&forum_id=2#15872625)

The primary cause is Democratic push to extent home ownership to low-income minorities, injecting excess risk into the market.

Bush and the Central Bank fueled the risk through excess leverage and low interest rates.

Obama needs to quickly get rid of the excess risk (low-income people who have no business owning a home), but allow the high levels of leverage to continue.

(http://www.autoadmit.com/thread.php?thread_id=1403848&forum_id=2#15875252)

The ratings agencies are to blame for most of the original crisis. Sophisticated investors can make their own decisions and live or die by the results when provided with good information, but the system breaks down when the decisions are based on fraudulent information. It is my understanding that Mr. Hussein's financial "reform" pays little to no attention to these ratings agencies.

(http://www.autoadmit.com/thread.php?thread_id=1403848&forum_id=2#15875242)

Ahhhhhh!!

Oh well, I have 30 years to go. This may turn into a great buying opportunity...

(http://www.autoadmit.com/thread.php?thread_id=1403848&forum_id=2#15875270)