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I love my country, I fear my Government. |
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Written by editor
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Wednesday, 11 March 2009 |
Fran wrote:
On Mar 10, 2:38 pm, Beam Me Up Scotty <Then-Destroy-Everything@Talk-n-
Dog..com> wrote:
Fran wrote:
On Mar 10, 11:46 am, Beam Me Up Scotty <Then-Destroy-Everything@Talk-n-
Dog..com> wrote:
Just watched #Warren-Buffett say we need to be able to trust the banks.....
The richest guy in America and he doesn't get it, it's not banks we
don't trust, it's *GOVERNMENT* #Obama and his Socialist plans that we
don't trust.
I thought Warren Buffett was somewhat smart, and he doesn't get it.
All we need is to get a president that is economically Literate.
Actually, what you are really asking for is a president who shares
your particular brand of fundamentalism.
Fran
Obama has shown time and again that he has no concept of how a
capitalist economy functions
Curious, because on every occasion I've heard him speak, he shows at
worst a modicum of insight into how one works. Moreover, pretty much
everyone else (including those who disagree with his approaches) agree
that his principal measures are plausible and necessary.
I wouldn't agree with everything he is doing, but that's a good deal
different from claiming that he has 'no concept' of how the capitalist
economy works. It's quite likely of course that most of what he says
is the product of expert advice from people entirely literate in how
capitalist economies work -- Lawrence Summers and Tim Geithner for
example, so your initial demand was not only disingenuous but silly.
This would be why Obama doesn't know the simple terms used in the stock
market. The silly mistakes by a President that was briefed and didn't
remember the silly nomenclature used in economics.
I'm not a genius, but I know how to hire one..... I guess that make me
smarter than Obama. Obama's setting policy and he's ignorant of how
capitalism works, this may not end well for the economy.
Obama suggested that the time was right for the average American to
buy stock, claiming that the " *Profit* to Earnings Ratio" was
improving. Well that's not a sure thing when investing. it's more like a
strategy for shooting craps.
You just can't make this stuff up!
It's really " *Price* to earnings ratio". The man is not competent on
the subject, that is why he wants Socialism, because when it comes to
economics he is IGNORANT. Obama has an Ideology that was preached to
him in his life and he has no concept of how it actually works or how
Capitalism works.... Just now, he's learning in reality what we discuss
here all the time and is denied by every socialist here. When the rubber
meets the road Socialism isn't a workable system without Capitalism to
fund it.
We just don't have the Funds, to fund the levels of Socialism Obama
wants, Canada sells us oil Hugo Chavez sells us oil, to pay their bills,
that's how they survive. Look at Cuba, they're in the Stone age unless
they have someone like the USSR Supporting them and the USSR went Belly
up because they had nothing to sell to us..... China couldn't feed
their own until we created capitalism for them and they started filling
wall-mart with crap.
You may NOTE that Cuba is in a deal with China, they will be drilling
oil just 50 miles off the coast of Florida, so that our capitalism can
support Cuba's Socialism also, and china will use that oil to support
their capitalist engine that supports their Socialism.... And still the
Liberal Socialist won't let the Capitalist USA drill their own oil just
5 miles away from where China and Cuba will be drilling. Are you seeing
a pattern here, Socialism survives like a monkey on the back of
Capitalism, Socialism is a parasitic enterprise. The Socialist in
America are restraining our capitalism from exploding forth and burying
Socialism and instead we are creating a Socialist Government State. That
Government is attempting to control all the Business and Corporations
via the choke hold on the Capitalist engine, money supply, credit, oil,
and freedom of the markets. We Are moving towards the Chinese model of
a Socialist Government permitting just enough Capitalism to fund their
Socialist Government needs.
I predict that Capitalism won't be sustainable under those conditions
and we will have economic failure under the Socialist government rule.
Obama was indoctrinated with Socialism and can't see past his
indoctrination, they tell us he's a genius and all I see is a Socialist
and not a very bright one at that. Obama keeps on the Program to enact
more Socialism while every time he mentions another plan to socialize an
industry, he can see the economy shrink as people hide their money to
keep the GOVERNMENT from somehow confiscating their wealth.
Once again Obama comes out to speak and the stock market falls, while
addressing the issue of earmarks and trying to side step his commitment
to end earmarks he will sign a budget filled with 8500 ear marks. Other
than making him look disingenuous and weak, it also says that he will
continue to spend like a *drunken Senator* ....
In the end, it will be Obama's signature on a bill with 8500 wasteful
spending lines that Obama failed to eliminate and he has once again
given us a reason NOT to believe the GOVERNMENT or Obama, so why should
I believe him when he dances around the question about him being a
Socialist....? I'll stick to his actions and not his words since he
just confirmed two lies with one stroke of his pen.
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Last Updated ( Friday, 30 July 2010 )
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