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Thread: Stocks pile on losses amid worries on economy

  1. #181
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    Re: Stocks pile on losses amid worries on economy

    Quote Originally Posted by Catawba View Post
    Obama/Reid were not the ones holding the economy hostage to raise the debt ceiling in order to pay our current obligations.
    Actually, they were.
    Quote Originally Posted by Redress View Post
    Generalizations are stupid.
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    Re: Stocks pile on losses amid worries on economy

    Anyone care to guess what is going to happen come Monday?
    CORPORATE GREED AND UNION GREED
    DEMOCRATS AND REPUBLICANS
    DESTROYING THE BEST OF AMERICA ONE DAY AT A TIME

    This is the worst kind of discrimination. The kind against ME! ~ Bender

  3. #183
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    Re: Stocks pile on losses amid worries on economy

    Quote Originally Posted by The Giant Noodle View Post
    Anyone care to guess what is going to happen come Monday?
    I don't even want to think about it.

  4. #184
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    Re: Stocks pile on losses amid worries on economy

    Quote Originally Posted by The Giant Noodle View Post
    Anyone care to guess what is going to happen come Monday?
    Obama is going to get in another round of golf?

  5. #185
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    Re: Stocks pile on losses amid worries on economy

    Quote Originally Posted by The Giant Noodle View Post
    Anyone care to guess what is going to happen come Monday?
    Quote Originally Posted by AdamT View Post
    I don't even want to think about it.
    Me, neither. My guess is more lies from the government. Maybe they'll come up with more encouraging employment figures.
    “In politics, stupidity is not a handicap.” -Napoleon

  6. #186
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    Re: Stocks pile on losses amid worries on economy

    Quote Originally Posted by 1Perry View Post
    What does that have to do with what I said? The article claims to say why one measure is better than the other. It's nothing more than governmental gobbly gook. I said using the same formula as used in 1978, inflation a few months ago would have been measured around 10%. (from my recollection)

    Are you saying that it wouldn't have been notably higher?
    I am saying that the formula used in 1978 provides a gross inaccuracy of the inflation situation. So much that it should not even be mentioned in this discussion.

    I suggest you research how inflation is calculated before making invalid attempts at painting the current inflation situation as dire.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Stocks pile on losses amid worries on economy

    Quote Originally Posted by 1Perry View Post
    Obama is going to get in another round of golf?
    What a lucky bastard!
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  8. #188
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    Re: Stocks pile on losses amid worries on economy

    Quote Originally Posted by evanescence View Post
    Me, neither. My guess is more lies from the government. Maybe they'll come up with more encouraging employment figures.
    Better figures, but encouraging... no.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Stocks pile on losses amid worries on economy

    Quote Originally Posted by Goldenboy219 View Post
    I am saying that the formula used in 1978 provides a gross inaccuracy of the inflation situation. So much that it should not even be mentioned in this discussion.
    Saying that food and energy shouldn't be included is more accurate?

    I suggest you research how inflation is calculated before making invalid attempts at painting the current inflation situation as dire.
    Dire? Did I say dire? Why do people do this? I simply said measured the same way as it was under Carter, inflation would be around 10%. We survived Carter. My arguement was used to note that "historically low" is irrelevant when it was measured differently before.

  10. #190
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    Re: Stocks pile on losses amid worries on economy

    Quote Originally Posted by 1Perry View Post
    Keeping the interest rates artificially low for so long was a contributor to our problems. No, we are doing no one a favor by making it so cheap to run up commodities.
    THEN WE SHOULD HAVE RAISED TAXES EARLY DURING THE WAR EFFORT especially when GWB took us to war with Iraq because the only buffer Treasury had to keep our economy afloat once income tax revenue started to decline was near zero interest bond rates.

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