jclalor 12
Dems propose 'Reasonable Profits Board' to regulate oil company profits
By
StreetScooby, in Speakers Corner
kallend 2,027
Quote
QuoteJust look at what the Obama administration is doing. They are the most anti-business administration I have ever seen. Capitalism doesn't work, Obama says so himself. He's here to fundamentally change it. His efforts are not going to work. Until he leaves, there's alot of unemployed people who aren't going to work, either.
Simple observations made by many. No conspiracy theories needed.
And yet the market is up under Obama, how could that be if he is intent on destroying it?
S&P 500 LOSES 515 points during GWB's presidency.
S&P 500 GAINS 494 points to date during BHO's presidency
So if Obama is anti business, what does that make GWB and his GOP cronies?
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The only sure way to survive a canopy collision is not to have one.
The only sure way to survive a canopy collision is not to have one.
Quote
And yet the market is up under Obama,
By "the market", I take it you're referring to the stock market. In the big picture, the stock market is diddly. It's the bond market the drives the world's markets. Fed policy is killing that right now. Bernanke is very much in Obama's pocket.
"The State Of The Obama Stock Market"
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More broadly, it's very clear that far from believers in the fundamental ability of economic actors to create prosperity through rational, unfettered self interest, Obama et al believe that the federal government should have a very relevant role in boosting our economic spirits. Given the bad track record among governments when it comes to creating prosperity, it should then be said that assuming an Obama victory in 2012, stocks will only rally after to the extent that investors price in political barriers that will block the President's desires. In short, the outlook for stocks going forward isn't good, and they'll only rally to the extent that the President fails legislatively.
We are all engines of karma
kallend 2,027
QuoteQuote
And yet the market is up under Obama,
By "the market", I take it you're referring to the stock market. In the big picture, the stock market is diddly. It's the bond market the drives the world's markets. Fed policy is killing that right now.
Does Obama make Fed policy?
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The only sure way to survive a canopy collision is not to have one.
The only sure way to survive a canopy collision is not to have one.
pirana 0
Quote
QuoteJust look at what the Obama administration is doing. They are the most anti-business administration I have ever seen. Capitalism doesn't work, Obama says so himself. He's here to fundamentally change it. His efforts are not going to work. Until he leaves, there's alot of unemployed people who aren't going to work, either.
Simple observations made by many. No conspiracy theories needed.
And yet the market is up under Obama, how could that be if he is intent on destroying it?
Which market? The NYSE is a very narrow measurement that only matters if someone has significant capital in play. It really is meaningless otherwise.
For those looking for work, the employment market sucks - unless the person is willing to relocate to India and work for 20% of their former pay while living in relative squalor with no benefits. This situation has labor in a very nasty spot, but stockholders and owners of big chunks of capital are ecstatic.
The market for products and services from small businesses - that sucks too.
But the market for investing overseas, moving production and jobs that way, and playing shell games with profits and taxes - that market is doing just great. Imagine that.
" . . . the lust for power can be just as completely satisfied by suggesting people into loving their servitude as by flogging them and kicking them into obedience." -- Aldous Huxley
kallend 2,027
QuoteQuote
QuoteJust look at what the Obama administration is doing. They are the most anti-business administration I have ever seen. Capitalism doesn't work, Obama says so himself. He's here to fundamentally change it. His efforts are not going to work. Until he leaves, there's alot of unemployed people who aren't going to work, either.
Simple observations made by many. No conspiracy theories needed.
And yet the market is up under Obama, how could that be if he is intent on destroying it?
Which market? The NYSE is a very narrow measurement that only matters if someone has significant capital in play. It really is meaningless otherwise.
For those looking for work, the employment market sucks - unless the person is willing to relocate to India and work for 20% of their former pay while living in relative squalor with no benefits. This situation has labor in a very nasty spot, but stockholders and owners of big chunks of capital are ecstatic.
The market for products and services from small businesses - that sucks too.
But the market for investing overseas, moving production and jobs that way, and playing shell games with profits and taxes - that market is doing just great. Imagine that.
The stock market is a pretty good indicator of business sentiment, and the original (incorrect) statement was that Obama is anti-business. The stock markets say otherwise.
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The only sure way to survive a canopy collision is not to have one.
The only sure way to survive a canopy collision is not to have one.
Funny - the Debt Commission proposed capping federal revenues. No way in frigging HELL that will happen. Especially not if the government is proposing taking 100% of profits above a certain level.
What I find interesting is that federal, state and local governments get 66 cents in taxes, fees, duties for every gallon of gasoline sold in California. I don't think that profits of the oil companies/refiners/transporters/end-sellers combined are even 10 cents per gallon.
How about putting taxes in line with corporate profits?
My wife is hotter than your wife.
What I find interesting is that federal, state and local governments get 66 cents in taxes, fees, duties for every gallon of gasoline sold in California. I don't think that profits of the oil companies/refiners/transporters/end-sellers combined are even 10 cents per gallon.
How about putting taxes in line with corporate profits?
My wife is hotter than your wife.
kallend 2,027
QuoteQuote
For those looking for work, the employment market sucks
www.flickr.com/photos/speakerpelosi/5333277156/sizes/l/in/photostream/
Better than it was under GWB....
The only sure way to survive a canopy collision is not to have one.
mnealtx 0
Quote>O'Bummer would not be our Messiah and our Superhero Socialist Savior of the Universe.
Your ODS is getting pretty bad; it's expressing itself as sort of an Internet version of Tourette's. I recommend a week or two in Cuba.
Nice try.
Newsweek sure thinks so (link to cover).
Their editor CERTAINLY thinks so:
"In a way Obama is standing above the country, above the world. He's sort of GOD. He's going to bring all different sides together."
- Newsweek editor Evan Thomas
Even the Euros think so...link
Then, of course, there's all the 'Obama halo pictures'...
Mike
I love you, Shannon and Jim.
POPS 9708 , SCR 14706
I love you, Shannon and Jim.
POPS 9708 , SCR 14706
mnealtx 0
QuoteBetter than it was under GWB.
Jan 2001: 137,778,000
Dec 2008: 143,328,000
Bush: 5,550,000
Jan 2009: 142,187,000
Dec 2011: 140,790,000
Obama: -1,397,000
You were saying?
Mike
I love you, Shannon and Jim.
POPS 9708 , SCR 14706
I love you, Shannon and Jim.
POPS 9708 , SCR 14706
kallend 2,027
QuoteQuoteBetter than it was under GWB.
Jan 2001: 137,778,000
Dec 2008: 143,328,000
Bush: 5,550,000
Jan 2009: 142,187,000
Dec 2011: 140,790,000
Obama: -1,397,000
You were saying?
www.flickr.com/photos/speakerpelosi/5333277156/sizes/l/in/photostream/
...
The only sure way to survive a canopy collision is not to have one.
The only sure way to survive a canopy collision is not to have one.
mnealtx 0
QuoteQuoteQuoteBetter than it was under GWB.
Jan 2001: 137,778,000
Dec 2008: 143,328,000
Bush: 5,550,000
Jan 2009: 142,187,000
Dec 2011: 140,790,000
Obama: -1,397,000
You were saying?
www.flickr.com/photos/speakerpelosi/5333277156/sizes/l/in/photostream/
Private sector, BLS:
Jan 2001: 111,634,000
Dec 2008: 111,822,000
Bush: 188,000
Jan 2009: 110,981,000
Dec 2011: 109,928,000
Obama: -1,053,000
You were saying?
Mike
I love you, Shannon and Jim.
POPS 9708 , SCR 14706
I love you, Shannon and Jim.
POPS 9708 , SCR 14706
rushmc 23
QuoteQuoteQuoteQuoteBetter than it was under GWB.
Jan 2001: 137,778,000
Dec 2008: 143,328,000
Bush: 5,550,000
Jan 2009: 142,187,000
Dec 2011: 140,790,000
Obama: -1,397,000
You were saying?
www.flickr.com/photos/speakerpelosi/5333277156/sizes/l/in/photostream/
Private sector, BLS:
Jan 2001: 111,634,000
Dec 2008: 111,822,000
Bush: 188,000
Jan 2009: 110,981,000
Dec 2011: 109,928,000
Obama: -1,053,000
You were saying?
Mike 2
kallend 0
"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln
kallend 2,027
Apparently you have no understanding of trends. UP under Obama, Down under GWB.
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The only sure way to survive a canopy collision is not to have one.
The only sure way to survive a canopy collision is not to have one.
mnealtx 0
Quote
Apparently you have no understanding of trends. UP under Obama, Down under GWB.
First it was jobs...then just PRIVATE jobs...now trends... funny how you have to keep moving those goalposts, perfesser.
Slope of the data for Jan 01 - Dec 08 is 2.94.
For Jan 09 - Dec 11, slope is 0.24
Both positive, and Bush some 12x more so than Obama.
Mike
I love you, Shannon and Jim.
POPS 9708 , SCR 14706
I love you, Shannon and Jim.
POPS 9708 , SCR 14706
kallend 2,027
QuoteQuote
Apparently you have no understanding of trends. UP under Obama, Down under GWB.
First it was jobs...then just PRIVATE jobs...now trends... funny how you have to keep moving those goalposts, perfesser.
Slope of the data for Jan 01 - Dec 08 is 2.94.
For Jan 09 - Dec 11, slope is 0.24
Both positive, and Bush some 12x more so than Obama.
Totally bogus way of viewing the data. The chart shows the trends very clearly. Bush inherits healthy economy growing jobs and trashes it. Obama takes an economy in severe recession and losing jobs, and reverses the trend.
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The only sure way to survive a canopy collision is not to have one.
The only sure way to survive a canopy collision is not to have one.
And yet the market is up under Obama, how could that be if he is intent on destroying it?