Bill Clinton says Bush should have responded

[Guest]

to the coming economic crisis a year and a half earlier:

"I personally believe, based on my experience over the years with the economy, that if we moved aggressively on this home problem a year and a half ago, even a year ago, as much as 90 percent of the current crisis could have been avoided," he said.

I guess going back two years when the very issues we are in now were being discussed in congress and being bad mouthed by the Dems as being alarmist, unfair and what ever other political fluff could be put up.

Why don't they all shut up about the blame game and put all the so called "experience" to work.

While Obama may have cheering crowds around him (with their hand out!!!!) Wall Street is letting him (and us) know they are not impressed with the lack of details and how the distribution of these gifts will take place.....AND WHEN!!!!!!!!!!!

The market is forecast to test a new low of 6000....that is another 20% drop.
What is missing from the Obama feel good programs is how they work....AND WHEN!!!

Well he is fulfilling his prophetic catharsis that things are worse than we know and going to get much worse.
Even some of the media darlings are becoming concerned about his constant messaging of doom.barf

What about us in the 90++% who are not in the minority (not race) and not qualified for the hand outs because we are responsible? Do and have done the right thing? Working? or retired after years of hard work.

So far the CHANGE taking place is not what a lot of folks had in mind....the erosion of the American way of life....as we all know and love.

BTK

[Guest]

to the coming economic crisis a year and a half earlier:

"I personally believe, based on my experience over the years with the economy, that if we moved aggressively on this home problem a year and a half ago, even a year ago, as much as 90 percent of the current crisis could have been avoided," he said.

I guess going back two years when the very issues we are in now were being discussed in congress and being bad mouthed by the Dems as being alarmist, unfair and what ever other political fluff could be put up.

Why don't they all shut up about the blame game and put all the so called "experience" to work.

While Obama may have cheering crowds around him (with their hand out!!!!) Wall Street is letting him (and us) know they are not impressed with the lack of details and how the distribution of these gifts will take place.....AND WHEN!!!!!!!!!!!

The market is forecast to test a new low of 6000....that is another 20% drop.
What is missing from the Obama feel good programs is how they work....AND WHEN!!!

Well he is fulfilling his prophetic catharsis that things are worse than we know and going to get much worse.
Even some of the media darlings are becoming concerned about his constant messaging of doom.barf

What about us in the 90++% who are not in the minority (not race) and not qualified for the hand outs because we are responsible? Do and have done the right thing? Working? or retired after years of hard work.

So far the CHANGE taking place is not what a lot of folks had in mind....the erosion of the American way of life....as we all know and love.

BTKWatch Glenn Beck at 5 pm tonite.

[Guest]

I can't not say something. Before the election this forum was loaded with Obama supporters who could not wait for his hope and change. He was kind enough to tell you exactly what he planned to do. He would tax the middle class more, he would provide more give away programs (remember the wealth redistribution) he would force no drilling, no coal, and more green energy, he would shut down talk radio (support for the fairness doctrine), and many other things. He is doing them as he promised he would.

How in the world did you expect wall street to react? Didn't you completely understand that his programs would tank the market. On November 5th I got completely out of the market and now sit in money market funds only. Probably should have gone into gold, but decided to sit out completely. It was so obvious that if he enacted any part of what he proposed, we would see a market bottom worse then any before. Stocks respond to free markets. Look around the globe and see what the growth rates are by country. He said he would do it, he is doing it, and to me the results are as expected.

[Guest]

I can't not say something. Before the election this forum was loaded with Obama supporters who could not wait for his hope and change. He was kind enough to tell you exactly what he planned to do. He would tax the middle class more, he would provide more give away programs (remember the wealth redistribution) he would force no drilling, no coal, and more green energy, he would shut down talk radio (support for the fairness doctrine), and many other things. He is doing them as he promised he would.

How in the world did you expect wall street to react? Didn't you completely understand that his programs would tank the market. On November 5th I got completely out of the market and now sit in money market funds only. Probably should have gone into gold, but decided to sit out completely. It was so obvious that if he enacted any part of what he proposed, we would see a market bottom worse then any before. Stocks respond to free markets. Look around the globe and see what the growth rates are by country. He said he would do it, he is doing it, and to me the results are as expected.
That's a nice strategy -- Money Market -- but the dollar will be worthless soon with all the printing of money going on at the Fed. Then what will your funds in the money market be worth?

[Guest]

I can't not say something. Before the election this forum was loaded with Obama supporters who could not wait for his hope and change. He was kind enough to tell you exactly what he planned to do. He would tax the middle class more, he would provide more give away programs (remember the wealth redistribution) he would force no drilling, no coal, and more green energy, he would shut down talk radio (support for the fairness doctrine), and many other things. He is doing them as he promised he would.

How in the world did you expect wall street to react? Didn't you completely understand that his programs would tank the market. On November 5th I got completely out of the market and now sit in money market funds only. Probably should have gone into gold, but decided to sit out completely. It was so obvious that if he enacted any part of what he proposed, we would see a market bottom worse then any before. Stocks respond to free markets. Look around the globe and see what the growth rates are by country. He said he would do it, he is doing it, and to me the results are as expected.not me... like a damn fool I followed my Edward Jones financial mgrs advice--->"stay the course".... I feel like an idiot.

[Guest]

I also followed all the so called Experts financial advice to stay the course and feel like a fool, a much poorer fool!

:cus:

[Guest]

now 17%. I shifted to A, A-A or A-A-A fixed income and corporate funds.

To put the conservatism in perspective my portfolio is worth the same today as it was when the market was above 8700 last November.

Treasuries of course are an option but are headed (again) to a negative value....a shoe box would net the same results.

If one is conservatively positioned and do not need the funds for at least a year (2-5 years is a better horizon) then just sit tight.

While I have no confidence in the bail outs and the mortgage give aways because of the architects...Pelosi, Frank and all the other stumble bums...I do hold hope for what may come from Obama's economic team. He has at least had the foresight to put together a group of top notch supply side economics experts.

Too bad they did not have the foresight to get out ahead of the mindless give away programs.

On the job training takes it's toll.

BTK

[Guest]

to the coming economic crisis a year and a half earlier:

"I personally believe, based on my experience over the years with the economy, that if we moved aggressively on this home problem a year and a half ago, even a year ago, as much as 90 percent of the current crisis could have been avoided," he said.

I guess going back two years when the very issues we are in now were being discussed in congress and being bad mouthed by the Dems as being alarmist, unfair and what ever other political fluff could be put up.

Why don't they all shut up about the blame game and put all the so called "experience" to work.

While Obama may have cheering crowds around him (with their hand out!!!!) Wall Street is letting him (and us) know they are not impressed with the lack of details and how the distribution of these gifts will take place.....AND WHEN!!!!!!!!!!!

The market is forecast to test a new low of 6000....that is another 20% drop.
What is missing from the Obama feel good programs is how they work....AND WHEN!!!

Well he is fulfilling his prophetic catharsis that things are worse than we know and going to get much worse.
Even some of the media darlings are becoming concerned about his constant messaging of doom.barf

What about us in the 90++% who are not in the minority (not race) and not qualified for the hand outs because we are responsible? Do and have done the right thing? Working? or retired after years of hard work.

So far the CHANGE taking place is not what a lot of folks had in mind....the erosion of the American way of life....as we all know and love.

BTKSept 30, 1999 The NY Times ran an article predicting future economic catastrophe resulting from Bill Clintons order to Fannie and Fredie to ease credit and lending standards so more people could buy homes (they couldn't really afford). I'm sure some of the computer experts can get the link... Sept 30, 1999.

Subject: NY Times from 9 yrs. ago (More prophetic words were
neverwritten!)

OMG! This is scary.

Take special note of paragraph three so that there is no mistaking the
administration in charge at the time this article was written. Maybe we
can all send Billy Clinton a copy of this article to remind him that he
is one of the major culprits behind the banking/mortgage problems the
country is presently facing.

[Guest]

I can't not say something. Before the election this forum was loaded with Obama supporters who could not wait for his hope and change. He was kind enough to tell you exactly what he planned to do. He would tax the middle class more, he would provide more give away programs (remember the wealth redistribution) he would force no drilling, no coal, and more green energy, he would shut down talk radio (support for the fairness doctrine), and many other things. He is doing them as he promised he would.

How in the world did you expect wall street to react? Didn't you completely understand that his programs would tank the market. On November 5th I got completely out of the market and now sit in money market funds only. Probably should have gone into gold, but decided to sit out completely. It was so obvious that if he enacted any part of what he proposed, we would see a market bottom worse then any before. Stocks respond to free markets. Look around the globe and see what the growth rates are by country. He said he would do it, he is doing it, and to me the results are as expected.


Those Obama supporters who flooded the board are among the missing for sure. Your post and RSHOFFER's post with the link tell it all.

This was PREDICTABLE, and AVOIDABLE, but the nice talk convinced them they were living in the era of terrible !!! It is not just the financials either...the politics are more intense than before the "promises" !!!

[Guest]

I can't not say something. Before the election this forum was loaded with Obama supporters who could not wait for his hope and change. He was kind enough to tell you exactly what he planned to do. He would tax the middle class more, he would provide more give away programs (remember the wealth redistribution) he would force no drilling, no coal, and more green energy, he would shut down talk radio (support for the fairness doctrine), and many other things. He is doing them as he promised he would.

How in the world did you expect wall street to react? Didn't you completely understand that his programs would tank the market. On November 5th I got completely out of the market and now sit in money market funds only. Probably should have gone into gold, but decided to sit out completely. It was so obvious that if he enacted any part of what he proposed, we would see a market bottom worse then any before. Stocks respond to free markets. Look around the globe and see what the growth rates are by country. He said he would do it, he is doing it, and to me the results are as expected.

I was one and still am 1. But I learned fast here that everyone has an opinion and they all matter in some way. We are still reading post on he said and she said. 10 years from now it will be the same deal as today. And I will mainly say, my support for Obama was for a change. While that may not happen as I would thought. Nothing with the Government ever happens as thought. But I went with the lesser of evils in MY mind. Again I stress MY, MINE, BELONGING to ME. Could not in no way have voted for McCain with that running mate he had. No name calling here, had enought of that months back.
But as I read all the post in the Political Boxing ring area, Nothing has changed. All will be speculating on who will say what when, where and why. Then race to find a link to your favorite News Report and post it to show your point. I did it, I am not no better than anyone else. I just realized it is Politics 101. I was watching on my favorite show, The Countdown on MSNBC. Kieth made a remark and it was true. SOmething Like it dont matter who you wanted to win, or who you thought should have won. It is Washington DC. In which to me the DC means "Dont Care". You have got to read into things before you believe them. Last time I checked I want the same thing out of Life as anyone that post here. But it will never change, Just like the Taxation. Unless we have another Big Party, and toss all into the Harbor AGAIN!!!!!