Posted on 11/19/2008 2:07:58 PM PST by kcvl
This is apparently what they mean by Trickle Up Economics.
First, they destroy everything in existence and then the economy slowly trickles up from the ruins.
Then, they tax the survivors...
She be a pomeist.
It’s Obama’s fault. (see my tagline).
This should go into breaking news, no?
The FDR monument is a boring, hectoring POS monument. Very depressing (pun intended)and reminded me of a slick willie speach when he would rattle off all those mind-numbing and twisted statistics.
Looks like the 401k plans will be emptied out before he can seize them
The market? You believe in the market, you capitalistic pig? I think it is time for you to become "reeducated". Perhaps the "ONE" will be kind and grace us all with the proper "camps" for this purpose.
By far my favorite is the Lincoln Memorial. Every time I go to DC, I go there, spend some time with ole Abe..
Nor may that be the bottom either. Theoretically, the bottom is “zero”, as stock ownership in corporations becomes meaningless.
We would do better to go to the physical address of the corporation in question, dismantle the edifice brick by brick and distribute them. Then we would have ammunition to throw at each other.
Cash out while you still can...Obama=deflation=depression. Bottom up Obamanomics depends on a surviving Golden Goose. The Obama poison is killing it. I cashed out when he got in. I am 25% in old silver melt coin and 75% in mattress savings and loan. I am shopping at Goodwill and stocking up on Captain Morgan.
Obama voters made their beds but the entire country is forced to sleep in them. Welcome to the nightmare.
Higher taxes and more socialism have never revived any economy.
So, if he raises taxes like he promised, it will take much longer to recover.
If he should suddenly change his mind, turn on his supporters and order a reduction in income and capital gains taxes, then we will see a nice recovery.
Nawwww..they’ll pin this on Bush and it will stick......
ok lets borrow from the left,
THE DEBATE IS OVER,
PERIOD!
NO MORE QUESTION!
THIS IS OFFICIALLY THE
OBAMA RECESSION
See they can’t hide this fact any more, Obama is cause the markets to panic because of his ham fisted goverment activity.
There can be no capitalist recovery in a Communist Administration and Congress.
After considering it for several weeks, I got out of the market today. Moving my whole nest egg (what’s left of it) to money market funds.
I was talking to a local California politician the other day and his take was that what you describe (bolded) will happen and that will be what will bring BO a second term.
That being said, he is just the President Eject at this moment, but The Economic Meltdown is His Fault because he was designated King Of The World on November 4th.
Think maybe McCain had a “Uh Oh” moment when he suspended his campaign? He may have been given some numbers that made him think, “I don’t want the job anymore.”
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.