i probably would be on board but i dont deal in things that could never happen. why waste the time ranting about it? seems rather childish to me but hey, you are the "logicman".
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Barack Obama Wants Your Money As You Tumble From The Fiscal Cliff
- Thread starter Robert A. Green
- Start date
Quote from Free Thinker:
i probably would be on board but i dont deal in things that could never happen. why waste the time ranting about it? seems rather childish to me but hey, you are the "logicman".
"i would probably be on board"
You know damn well that you'd never be "on board", parasite, because it would upset the tax-funded gravy train your loser ass depends on.
Quote from trefoil:
God, you're both obnoxious and willfully ignorant. Not a good combo.
But I already knew you were hopeless as a trader.
Just an FYI: you can't debate if you don't even have a grasp of the facts.
Can't trade that way either.
Not that you ever knew how anyway.
OK, let's recap. I said "How about raising the age for full retirement? Do you realize that 65 was almost the average life span when SS began? Since then, it's been raised one whopping year."
You responded with a table from the SS website showing that the full retirement age is finally going up...but not nearly fast enough to meet life expectancy.
I demonstrated that you missed the point. To keep up with life expectancy, the age should be around 73 by now.
You responded with an ad hominem-riddled hissy fit. You couldn't handle being wrong. You didn't even bother responding to the point and tried to change the subject instead. The "facts" are on my side.
As for trading, you have no idea how or what I trade. Open up a trading journal here, post live trades and I'll do the same. I'll make it easy and only trade ETFs about once a month.
Are you game? Or are you going on another passive-aggressive tangent again?
Quote from logic_man:
"i would probably be on board"
You know damn well that you'd never be "on board", parasite, because it would upset the tax-funded gravy train your loser ass depends on.
you arent very bright but you are funny. i have been self sufficient probably longer than you have been alive judging by the maturity level of your posts.
cheer up though. you are probably one of those republicans that believes you will get to go live in heaven in a mansion where the streets are paved in gold when you die. i sure as hell will not be going there. presto we both live in different worlds.
Quote from Free Thinker:
. i have been self sufficient probably longer than you have been alive judging by the maturity level of your posts.
The most ironic/untrue/asinine* statement so far. Walter Mitty had nothing on you.
* Unless "self-sufficient" now means living on the dole. With the new food stamp commercials and all the talk of "investing" in handout programs, maybe that's possible.
Quote from Humpy:
The USA debt level is about $16 trillion and rising.
It is disastrous to have to pay back on this vast debt.
At least one of the candidates should acknowledge this.
Neither is man enough to say enough is enough - now we pay it off.
At the present rate it will top $30 trillion if Obama gets re-elected for another 4 years. and virtually impossible to pay off.
The USA should seriously consider putting Clinton, Bush, Obama on trial for incompetence and mis management of the country's/worlds' finances.
I suppose you were intentionally exaggerating to make your point that the U.S. debt needs to be brought down. It will be eventually. It is large in absolute terms but not too large for a country with an economy the size of the U.S. to handle. There is good debt and bad debt. What is important from here on out is that any additional debt be investment debt. That's a good kind of debt.
Quote from Free Thinker:
i have been self sufficient probably longer than you have been alive judging by the maturity level of your posts.
And I've taken sh!ts with higher IQs than you.
Like I've said, we'll eventually settle this in the streets. Looking forward to it. I hope we live close to each other.
Quote from piezoe:
I suppose you were intentionally exaggerating to make your point that the U.S. debt needs to be brought down. It will be eventually. It is large in absolute terms but not too large for a country with an economy the size of the U.S. to handle. There is good debt and bad debt. What is important from here on out is that any additional debt be investment debt. That's a good kind of debt.
Rogoff and Reinhart specifically did their analysis of debt crises on percentage terms because they wanted to normalize between economies of different sizes. That you would think that US economy, because it's "big", would be exempt from the dire consequences of having a debt burden of nearly 100% of annual GDP is unsurprising, because you are an idiot.
God, why did you deem that I should be born at the same time that morons like this guy exist? What did I do to deserve living on the planet at the same time as piezoe? Whatever it was, I promise you, I am sorry!!!!!
Quote from logic_man:
And I've taken sh!ts with higher IQs than you. You got a f*cking point, assh*le?
Like I've said, we'll eventually settle this in the streets. Looking forward to it. I hope we live close to each other.
they say people that use a lot of profanity in their writing do it because they dont have the intellect to make a rational argument.
in the streets. lol. you would lose. you are one of those imature tough guy big talkers that would go into a bar and challenge someone to a fight to the death out back.
you arent bright enough and too emotional to deal with someone like me. if you challenged me i would calmly accept and tell you to meet me in the street in one hour. then i would get a sniper rifle and get you from a window when you showed up. i dont fight to puff my ego. i fight to win.
Quote from Aok:
"Those who cast the votes decide nothing.
Those who count the votes decide everything." -Stalin
B.O. wins a second term but Dems lose seats in Senate and House. Making him even more lame duck til 2014 midterms. So nothing gets done while Rome burns and the pimps in govt get fatter on wine, women and tobacco. On our dime.
As to how to play this per the OPs question
Politics is the only force that can temporarily supercede fiscal sanity and we have not been sane for decades. The pressure cooker is in overdrive.
With a B.O. presidency and in lieu of The Bernaks QE Operation Twist Part 10, expect Bonds down, interest rates up, dollar down but offset by Euro pigs even bigger nanny state collapse, stocks down. Healthcare stocks up, medical device stocks down. That ridiculous device tax provision in ObamaCare will pressure margins.
Also expect B.O to leave Israel twisting in the wind. Whether you like/hate the Jews, or think we have any business in M.E at all, Mr Jew isnt going into the oven a second time. When Iran goes nuclear they will take action. Oil futures anyone?
When, not if the fiscal cliff hits expect 2 or 3 quarters of contraction ie recession next year.
Also, as it stands now on Aug 7 B.O signed off on military cuts that by law he has 60 days to specify what/where those will be. One month before an election? Good luck having those be named but regardless short of melt down in M.E expect defense stocks to take a hit as their funding is cut also.
The is actually the perfect storm there are so many opposing forces very nearly equally matched. A politicians dream to rake in as much cronyism as possible. Wet their beaks. On both sides.
The middle class of course will continue to be squeezed by Romney/Obama policies which in conjunction with our brain dead youth will result in renter nation.
Housing is still WAY over market clearing price. More bloat to wring out but is relatively "cheap" compared to 05-07. So oddly enough landlords will do well and probably dividend growth stocks that the sheeple even when they refuse to part with their 150$ month Iphones will still buy. PG, KO, PM, MCD, O. Just make sure to strike when the general market pain hits and they are more fairly valued.
Those who gaze into crystal balls should get used to the taste of glass. I have no clue if any of the above will happen. But what I do expect is volatility is a-coming.
As a trader I love it. As an investor it has me reaching for Tylenol.
Good luck to us all Nov 6. Maybe these clowns will actually get something done by the end of the year.
I doubt it.
I'm puzzled. "Dollar down" ... "Stocks Down"???? I don't understand your analysis. Fed QE has been a major driver for the market (UP). Weaker Dollar = higher stock prices (in the nominal sense). Since some time in the mid to late seventies inflation has been the number one driver of both corporate earnings and the equities market.