Axelrod OWNS Romney

[trefoil]

Quote from CaptainObvious:

We had it in the 90's. Great while it's working. Not so much when the tab comes due, as evidenced by the 30's and 2000's. The vig will be collected sooner or later.

If you think about it even a relatively prudent 20% down on a house is a leveraged short on the currency, since the house price over the long term only goes up by inflation, which looked at another way is the value of the currency going down against the value of the house.
Any time you borrow something and invest the proceeds somewhere else, then collect it later, you're shorting something; in this case it's the - take your pick - USD, GBP, EUR. Leveraging the short (20% is five times leverage; can't do that with a stock but can in a house, which is probably one good explanation for why so much money went into houses) increases the profit when it works, of course.
So, lucrative when it works, hell when it doesn't.

 

[PHOENIX TRADING]

Quote from CaptainObvious:

... The policies of the 30's were an over reaction ...

thanks for confirming what I said.

quote from phoenix trading : the dismal returns and it's associated economic catastrophe of the 30's were much more a result of economic policy changes of that decade

 

[PHOENIX TRADING]

Quote from Brass:

I do believe Mr. Axelrod has acquired full ownership of Mr. Romney. Now he will have to find a suitable car roof carrier for trips.

Another numbnuts thinks the 1920's (in the US) were terrible years.

Perhaps he and you are thinking US 1930's or Germany 1920's, either way the opinion of a dire US 1920's is laughable.

 

[PHOENIX TRADING]

Quote from kut2k2:

"Mitt Romney has the foreign policies of the 1980s, the social policies of the 1950s and the economic policies of the 1920s."
-- David Axelrod

We all know he meant to say the 30's but being one of the chief democratic apologists of the decade he can't quite do that because of that pesky fdr problem.

It's really funny as hell if you know more than the tripe they teach in gubbermint schools.

 

[jem]

Axelrod is actually campaigning for Romney... He knows his policies are so out of touch.

Here is another one of his quotes.

“The choice in this election is between an economy that produces a growing middle class, and that gives people a chance to get ahead, and their kids a chance to get ahead, and an economy that continues down the road we’re on,” Axelrod said."

 

[Lucrum]

Quote from jem:

Axelrod is actually campaigning for Romney...

“The choice in this election is between an economy that produces a growing middle class, and that gives people a chance to get ahead, and their kids a chance to get ahead, and an economy that continues down the road we’re on,” Axelrod said [emphasis added]."

Has Axlerod been drinking with Biden?

 

[Mercor]

Quote from kut2k2:

"Mitt Romney has the foreign policies of the 1980s, the social policies of the 1950s and the economic policies of the 1920s."
-- David Axelrod

The 20's were booming...
The 50's was about the Republicans breaking the racist Democratic South, Eisenhower nationalizing the State national guards to open up schools for all races.
The 80's were the Republicans convincing the world that the USSR was evil and and making policy to stop them, set goals to free the satellite states and tear down the wall.