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  #1  
Old 09-15-2008, 03:02 PM
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Re: The Ultimate Wall Street Nightmare

least anyone should think I might now agree with DanA, on politics, let me state as clearly as possible.

the LAST thing we need during this time is a committed socialist at the helm. voting for Obama is a vote to drive a stake thru the heart of the US Economy.
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Old 09-15-2008, 03:25 PM
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Re: The Ultimate Wall Street Nightmare

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Originally Posted by Ferd View Post
least anyone should think I might now agree with DanA, on politics, let me state as clearly as possible.

the LAST thing we need during this time is a committed socialist at the helm. voting for Obama is a vote to drive a stake thru the heart of the US Economy.
Sounds like he will be FDR of this generation ... Ferd.

Be it as it may.
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Old 09-15-2008, 04:00 PM
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Re: The Ultimate Wall Street Nightmare

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Originally Posted by Daniel Alicea View Post
Sounds like he will be FDR of this generation ... Ferd.

Be it as it may.
God help us. we are still paying for FDRs malfeasance.


A little perspective might be in order.

1989 1000 banks failed
1987 the stock market fell 508 points (23% of its total value)


Today’s stock market move was 504 points but only 2% of the total value.
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Old 09-15-2008, 04:06 PM
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Re: The Ultimate Wall Street Nightmare

In isolation comparing things like that would seem like no biggie ...

Taking in the other economic factors ... might paint a grimmer picture.

It's the sum of it all that will make or break this economy.
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Old 09-16-2008, 07:10 AM
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Re: The Ultimate Wall Street Nightmare

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God help us. we are still paying for FDRs malfeasance.
Hmmm...my mother was born into the depression, and she has quite a different point of view. She says, (and I quote), "FDR saved the day by opening up jobs for poor people." Now, she's a good Republican (moreso than I am), but in her 75-year-old opinion, FDR was a good president for that reason alone.

I'm just pointing out that it may seem different to those who actually experienced an economy downfall, and know what it's like to have food rations and dirt floors.

If I thought Obama could actually solve the economy's ills, I might vote for him. But he really doesn't have any good plans, other than "alleviating" extra work during tax season by streamlining paperwork. (Oh, and his proposal discussed under "I want what's best for you" would also do the following: Allow the government to pull your financial information for your taxes directly from your bank accounts, AND it would put may tax preparers out of a job. Sure. Great for the economy, and great for my privacy.)

That's just one little section of his "plans" to help the economy. (But almost all his points are equally trivial and stupid.) Thanks, but no thanks. That would be like a president addressing the war by suggesting we send the soldiers more comfortable shoes. Obama is NO FDR.
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Old 09-16-2008, 08:14 AM
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Re: The Ultimate Wall Street Nightmare

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Originally Posted by MissBrattified View Post
Hmmm...my mother was born into the depression, and she has quite a different point of view. She says, (and I quote), "FDR saved the day by opening up jobs for poor people." Now, she's a good Republican (moreso than I am), but in her 75-year-old opinion, FDR was a good president for that reason alone.

I'm just pointing out that it may seem different to those who actually experienced an economy downfall, and know what it's like to have food rations and dirt floors.

If I thought Obama could actually solve the economy's ills, I might vote for him. But he really doesn't have any good plans, other than "alleviating" extra work during tax season by streamlining paperwork. (Oh, and his proposal discussed under "I want what's best for you" would also do the following: Allow the government to pull your financial information for your taxes directly from your bank accounts, AND it would put may tax preparers out of a job. Sure. Great for the economy, and great for my privacy.)

That's just one little section of his "plans" to help the economy. (But almost all his points are equally trivial and stupid.) Thanks, but no thanks. That would be like a president addressing the war by suggesting we send the soldiers more comfortable shoes. Obama is NO FDR.
My grandfather was born in 1910 and was a principle during the great depression.

He was a life long democrat and voted against FDR every single time. As a grown educated man, papa told me many times that FDR caused more problems than he solved.

Papa was also was president of the democratic executive commettee in our parish for somewhere around 60 years.

Thats a little different perspective on the great depression.
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Old 09-16-2008, 08:22 AM
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Re: The Ultimate Wall Street Nightmare

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Originally Posted by Ferd View Post
My grandfather was born in 1910 and was a principle during the great depression.

He was a life long democrat and voted against FDR every single time. As a grown educated man, papa told me many times that FDR caused more problems than he solved.

Papa was also was president of the democratic executive commettee in our parish for somewhere around 60 years.

Thats a little different perspective on the great depression.
Well, my Grandpa was a die-hard democrat who voted for FDR.

Obviously there were differing views even back in the day, but the reality is that whether it was the war that ended the depression or FDR policies, resolution occurred during FDR's presidency, ergo, he (and his policies) get the credit. Hoover may have had good ideas, but since he didn't have a chance to implement them, we can't know for sure if they were good solutions. Perception is everything, when it comes to politics.
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"To see no being, not God’s or any, but you also go thither,
To see no possession but you may possess it—enjoying all without labor or purchase—
abstracting the feast, yet not abstracting one particle of it;…."

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Old 09-16-2008, 08:00 PM
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Re: The Ultimate Wall Street Nightmare

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Originally Posted by Daniel Alicea View Post
Sounds like he will be FDR of this generation ... Ferd.

Be it as it may.
Now with 99% of your 17k posts being absolute nonsense, mindless jabber, and aimless fairytales,

This has to be one of the most moronic statements I have heard, especially from the great Kettle himself.



Guess who relaxed all of the regulations for the investment banks and hedge funds??? Your good ole boy Clinton. That's right, we've been paying for Clinton's demoralizing pillage of any ethics our economic structure and fabric had during the 90's.

That's right, we don't need 8 more years of Clinton's ignorant and ethicless policies.
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Old 09-16-2008, 08:20 PM
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Re: The Ultimate Wall Street Nightmare

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Originally Posted by Jekyll View Post
Now with 99% of your 17k posts being absolute nonsense, mindless jabber, and aimless fairytales,

This has to be one of the most moronic statements I have heard, especially from the great Kettle himself.



Guess who relaxed all of the regulations for the investment banks and hedge funds??? Your good ole boy Clinton. That's right, we've been paying for Clinton's demoralizing pillage of any ethics our economic structure and fabric had during the 90's.

That's right, we don't need 8 more years of Clinton's ignorant and ethicless policies.
If you remember Clinton championed himself as a New Democrat and signed various bills strongly supported by conservatives to the dismay of his more liberal constituency. NAFTA's another example.
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Old 09-16-2008, 08:25 PM
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Re: The Ultimate Wall Street Nightmare

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If you remember Clinton championed himself as a New Democrat and signed various bills strongly supported by conservatives to the dismay of his more liberal constituency. NAFTA's another example.
He passed most of the Contract w/ America .... and to his fortune our economy boomed during his administration .... due mainly to technology ....

Koolaid drinkers here seem get drunk on Gin and Party ....

Clinton is the anti-christ ... right Jekyll ... Obama is the false prophet???
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