posted September 07, 2012 09:35 AM            

But bullshiiit is what that talk is and it's all it is; taken from a page of the book titled..."How Can We Fool the People Today".

But, when those same radical demoscat leftists..those on the floor of the demoscat convention hall and outside, all decked out in their convention going finery are asked questions by one they think is a fellow traveling Socialist radical demoscat, they sing an entirely different tune.

They think corporate profits should be capped by law

They think corporate profits should be limited by law

They think corporate profits should be banned by law

They think corporations should be forced to operate at a loss by law

AND, they would support O'Bomber if he signed legislation to do so.

This is who today's demoscat party really is. They're the radical fringe left of America. They are not Liberals. They're hardcore Marxists, Leninists, Maoists and other Collectivists under the Socialist umbrella posing as Liberals and Barack Hussein O'Bomber is their Marxist Messiah leader.

DNC delegates: Let’s ban corporate profits!
By: David Harsanyi
9/6/2012

Are you surprised?

At the Democratic National Convention, where one speaker after the next swears they love free enterprise, delegates and attendees (maybe some media, who knows?) were asked by Peter Schiff, posing as a anti-corporate activist, if they would support capping or banning corporate profit.

Well, there seems to be plenty of enthusiasm for the idea in Charlotte this week — and not from the fringe. “We deliberately avoided speaking with the occupy protestors camping outside in tents to get a more “mainstream” Democratic perspective,” writes Schiff.

embedded video

And remember, it’s the Tea Party that’s supposed to be radical.
http://www.humanevents.com/2012/09/06/hey-lets-ban-corporate-profits/

posted September 07, 2012 11:48 AM            

(Yes, I know it didn't bounce due to Clinton's speech, but this is exactly the kind of wrong correlation you'd come up with.)"...acoustic

But I didn't come up with that correlation. You did.

Even so, you better get your crystal ball recalibrated. The stock market is DOWN not UP, after Clinton's speech.

posted September 07, 2012 12:26 PM            

as to your post jwhop, there are extremists in both parties for sure. i don't think anyone here (except maybe you) would deny that.

but the fact that there are extremists in the dems is DEFINITELY NOT proof that there are none in the tea party. remember, the effigies of the president at town hall meetings, the posters of him with a bone through his nose and a happy darkie grin surrounded by corn, ribs and other "black" menu items...and there is no lack of shrieking and moaning about his "pretend" christianity (he really is a muslim, and let's KEEP REPEATING HIS MIDDLE NAME to embed that belief) the insistence that he is not a citizen because his mom was 2 months shy of 19 when he was born (in hawaii but let's ignore that)...

instead of the continued stigmatization of half the country, when are we going to recognize we are all americans and start to get along for the good of all?

i know thinking of the country as a whole involves some (satanic) collective conception, but that is what a country is, isn't it? a collective of the people within it.

just because some people think corporate profits should be capped, doesn't mean that is the party platform. kind of like the blunder-speech of akin being off to the side of the republican platform...!

posted September 08, 2012 06:06 AM            

When Dubya left, DJ had fallen from a peak of 14000 to approx 8000.

Obama lifted it from a low of 7500 to 13000.

I do not think even Paul Ryan can lie about this one, he cannot lie that Obama caused the Dow to crash in 2007 because Obama was President in 2007 [like the way he shamelessly lied about the GM Plant closure on TV to tens of millions of Americans]

What has Obama done so terribly that led to the Dow Jones going up nearly 6000 points?

What did the Republicans do so superbly that led the DJ fall from 14000 to 8000?

Why would the American public re-elect a party which can again crash the Dow Jones to 7500 ?

I am asking objectively here, for if Free Enterprise failed terribly under Obama, the Dow Jones should have crashed to 6000.

No Republican intellectual has intelligently reasoned this to the American voters.

posted September 08, 2012 12:22 PM            

The history of the US stock market going back to the 1800s is a 54 month cycle..average..from trough to trough or peak to peak.

Anyone astute enough to simply pull up a long term chart of the DJIA will find this cycle operated...even in the Great Depression.

Giving O'Bomber credit for a rising stock market is akin to O'Bomber saying..."this was the moment when the rise of the oceans began to slow...." bullshiiit!

posted September 08, 2012 01:48 PM            

seems your opinion is not shared by everyone, jwhop.

posted September 08, 2012 02:07 PM            

I am not saying that Mitt Romney will not do a good job if given a chance, it is definitely possible that Mitt can take the steps which take DJ to 18000, but the resistance to objective reasoning in the GOP is baffling.

Nobel Prize winner in Economics Paul Krugman said it perfectly about the GOP attitude: "Obama did not clean up our mess fast enough, so vote him out"

How can anyone believe the GOP? There is just no credibility. The fear amongst voters will be: 'All the economic good done by Clinton wasted in eight years, now this little recovery by Obama could be ruined beyond recognition by the GOP.'

I am yet to see an objective business plan to reduce deficit by the GOP, and the "cutting more taxes" plan will merely enhance the deficit. Time is running out for the GOP, they have less than 60 days to use some grey matter and swing public opinion.

posted September 09, 2012 12:24 PM            

Which is why funding for Obama is more than Romney when you deduct the money given by Vegas Mobster Sheldon Adelson and his cronies.

Incidentally, I found this stunning newsreport about Adelson's daughter throwing a camera. http://mondoweiss.net/2012/08/sheldon-adelsons-daughter-rams-democracy-now-team.html

This kind of arrogant money will not invest in small businesses, innovation and high technology. This is the huge disconnect between GOP and the rest of American investors who see something positive in Obama, notwithstanding the mistakes.

There is a fear that the GOP will just protect the interests of people like the Adelsons. Obama's team is not out of the woods yet but if they can take a leaf from Thomas Freidman's book, they will win easily.

posted September 09, 2012 02:08 PM            

Further, most of the large institutional investors like mutual funds are locked into staying in the stock market because they are required to keep their investors money invested in the types of stocks the mutual fund is set up to buy and can't sell off and stay liquid.

Neither can pension funds go liquid and hold cash. They have to have the return on employee contributions to fund retirees pensions. Much of that money is invested in diversified mutual funds as well.

You're playing on my turf and you're going to lose this argument.

posted September 09, 2012 03:07 PM            

In all metrics, US has come out on top. How can this happen if the overwhelmingly mandated elected President of the USA was a failure?

Something about his policies [ which are abhorred by the GOP ] has maintained USA as the numero uno in the world, just when it looked like the Bush era warmongering would collapse the US Economy.

What have the GOP promised other than cutting taxes to further boost the economy?

As per your argument, whatever the GOP will do will be the opposite of what Obama did, and thus immediately make fund managers sell off from stocks/gold and invest in savings accounts and real estate. Is that really good for the economy? Is that going to create new jobs? Every American Investor saw his and her holdings go up 50%, why would they have wanted to get 2-3% from bank deposits?

Your whole logic is: "Since President Obama is pathetic, lets sell everything else and invest in the US Stock Market. "
or
"Bad Democratic Presidents = Great Stock Market Performance = Angry Voters who hate their returns. "

So the stock market must fail to make the GOP the ideal party. The stock market must fail like 1929 to ensure job growth and be the indicator of prosperity ?

Paul Ryan should take notes from this logic...

posted September 10, 2012 01:26 AM            

Neither are you likely to find pension funds invested in gold, other precious metals or mining stocks. The volatility makes the risk unacceptable...for fund managers..not individual investors or hedgers against currency devaluation.

As for the supposed strength of the US dollar, the dollar has lost approximately 30% of it's value since 2008 and other currencies have lost more or less, which is the reason and the only reason gold prices have risen.

Unfortunately, stock market prices are demoninated in DOLLARS, not ounces of gold. Investors who buy and hold stocks are going backwards in wealth. The US dollar is worth less every day as it's constantly being inflated (devalued) and those dollars they will get paid back with when they cash out of their positions will buy less than the dollars they bought those stocks with. Which is why I said the DJIA should be at least 18,000 just for investors to have stayed anywhere near even with inflation. But it's not 18,000, it's 13,000 and change.

Now, don't quote me nonsense from industry hacks. I used to get that crap every morning when I was a stock broker. I also got analyst reports which I dutifully read and tracked. I can't think of a faster way to lose money in the stock market that to take stock advice from these idiots or pay any attention to why they say the market is up or down today or where the market is going next week, next month, next year, next century....or why. They don't know but they get paid well for pretending they do!

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