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#27 Sep 23 2008 at 10:06 AM Rating: Decent
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Jophiel wrote:
yossarian wrote:
What happens if, say, China ceases buying up US debt? Or dumps it's existing debt back into the market?
They won't for as long as we're making the interest payments. Why would they? It's free money for them.



Politics can be a stronger force then economics. If, politically, we do something they don't like...I mean really don't like...then how could we pay for a military operation to engage them (or their proxy - direct conflict is almost unthinkable) if China dumps US debt?

If China were a democracy, I would not worry nearly as much.

Could Russia buy up enough US debt to have this effect? What about Saudi Arabia? Basically: debt is the greatest threat to our national security.
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#28 Sep 23 2008 at 10:08 AM Rating: Decent
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Uglysasquatch, Mercenary Major wrote:
Are any of you planning on retiring in the next 2-4 years? If these are retirement investments, then they're long term investments and unless you had investments in one of the companies that went under, any losses you're seeing are likely short term losses. And if you had money invested in one of those, well, it's already gone and there's nothing you can do about it. Jumping over to gold or silver is a short term, knee jerk reaction and isn't going to do much for you.


If you are planning to retire soon, you should not have much money in the stock market, at all. High risk is for the young.
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#30 Sep 23 2008 at 10:20 AM Rating: Good
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knoxsouthy wrote:
Atomic,

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How surprising, Bush has done so well as an administrator in the past, I can't imagine what happened


He tried to fix freddie and fannie but the Dems stood in the way, look up clinton red lining.

Oh and markets are always going to be jittery the month before an election.

Yeah, we've had major economical meltdowns every 4 years. I remember those.Smiley: dubious
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#31 Sep 23 2008 at 10:31 AM Rating: Decent
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Greenspan says this is a once in a century event.

Knox says it happens every four years.

Who to believe? The decision is soooooo difficult!
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#33 Sep 23 2008 at 10:39 AM Rating: Excellent
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knoxsouthy wrote:
One of the primary reasons the market is going south is that's what the media, and liberals like yourself want. You know Obama is getting his clock cleaned so you're only hope is to saboteuge the economy.


Ok, so the Dems crashed the entire economy, a plan that would've taken years to put into fruition, because Obama is down in polls compared to a few months ago?


Dude, light another one and tell me where you're getting it from.
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#34 Sep 23 2008 at 10:47 AM Rating: Decent
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No the market is going south because the regulations that stopped it going south where removed by a republican senator.

So sayeth Smash, so it must be true.

I'll try and find the thread about it.
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#36 Sep 23 2008 at 10:59 AM Rating: Good
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At the end of the Clinton era it was the dot.com bust. Before that we had the recession that followed Carters admin.

One of the primary reasons the market is going south is that's what the media, and liberals like yourself want. You know Obama is getting his clock cleaned so you're only hope is to saboteuge the economy. This is no different than that democrat congressman saying that bank had failed causing a run. You get enough liberals screaming about how poorly the market is and before you know it people change their spending habits to reflect that incessant pessimism. Jobless rate is not sky rocketing. The cost of energy has caused an increase in everything but that can be laid squarely at the fee of the people who stand in the way of US oil production.

Freddie and Fannie were basically funds for the Democrat party, and regulated by Democrats. Just google who they donate to.

This is about par for Democrats. F*ck up a program, scream that it was the republicans, then offer to fix the program they f*cked up to begin with.


Holy @#%^, I don't even know where to begin.

I mean goddamn, this is the dumbest thing I've read since the Battle of the Teutoburg Forest way back in 9AD. You may remember this as the place where another Varus failed as hard as this one.

Edited, Sep 23rd 2008 3:04pm by Timelordwho
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#37 Sep 23 2008 at 11:00 AM Rating: Good
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knoxsouthy wrote:
Ugly,

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Ok, so the Dems crashed the entire economy, a plan that would've taken years to put into fruition


Duh...



I still have never understood what Republicans think Democrats have to gain from taking the side they do on government/business issues. The Republicans have money to gain.
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#39 Sep 23 2008 at 11:03 AM Rating: Good
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knoxsouthy wrote:
removed the regulations on lenders that allowed these institutions to lend money to people they knew couldn't repay them.
You'll have to remind me which party you're affiliated with again. I'm under the assumption that the Republicans are for removing governmental regulation from the market.
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#42 Sep 23 2008 at 11:16 AM Rating: Excellent
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Varrus -

Proudly pushing the envelope of what it means to be rock stupid on a daily basis!
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#44 Sep 23 2008 at 11:24 AM Rating: Good
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knoxsouthy wrote:
Paula,

Ah yes the ever popular liberal "you're stupid" response.



That's not a liberal response, it's designed specifically for you, by all.
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#46 Sep 23 2008 at 11:28 AM Rating: Excellent
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He's a conservative.

We have bipartisan support of this motion.
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#47 Sep 23 2008 at 11:28 AM Rating: Good
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knoxsouthy wrote:
Ugly,

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That's not a liberal response, it's designed specifically for you, by all.


A liberal speaking for "everyone" what a shock!
I'm only a liberal by your fanatical right wing crazy standards. In any other democratic country, I'm a Conservative.
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#49 Sep 23 2008 at 11:45 AM Rating: Good
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Quote:
Paula,

Ah yes the ever popular liberal "you're stupid" response.


No. I've already established that you're stupid.

Remember last week? When I asked you for a definition of God that would stand up to scrutiny? I said...


Quote:
And if you seriously believe in "God," tell me how you define "God." Go ahead. Let me in on it. tell me the definition that you think makes sense, stands up to analysis, and is actually a meaningful definition. And if the best you can come up with, is 'its in the bible so it must be true', then i reccomend you go and boil your head.



And you replied

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Life where there was none. The beginning and end. That little voice in your head that tells you to stop and think before doing something you know you shouldn't, omnipresent. Words can't adequately express God, and never will be able to.


Yeah, there.

From now on, I'm just keeping score.

Carry on....
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#51 Sep 23 2008 at 12:02 PM Rating: Excellent
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knoxsouthy wrote:
Just complete control over every single american. If people have money they are more free. The less money they have the less free they are. The sad thing is Democrats think taking from one class to support another is the answer, communism. McCarthy was right and we're seeing the results of it.


OK.

So, if we assume that

1) Money = freedom

and

2) Democrats transfer money from the rich to the poor,

it logically follows that

3) Democrats give freedom to the poor.

Given that

4) The US is founded on the notion of freedom for all,

we are forced to conclude that

5) The Republican party is anti-American.

QED.
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